Overview

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Est.

2011

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE SOPHIA WAY is a homeless services nonprofit focused on supporting women as they move from homelessness to safe and stable living. Based on the information provided, it reported a $4.4M operating budget and $4.5M in total revenue for filing year 2024, with major funding from UNITED WAY OF KING COUNTY, BIELLA FOUNDATION, and SEATTLE FOUNDATION.

Mission Statement

THE SOPHIA WAY IS A PLACE OF HOPE AND CHANGE FOR WOMEN. WE SUPPORT THEM ON THEIR JOURNEY FROM HOMELESSNESS TO SAFE AND STABLE LIVING.
Revenues
$4.5M
Expenses
$4.7M
Net Income:
-$226.2K
Assets
$3.1M
Liabilities
$247.8K
Net Assets:
+$2.9M
Operating Budget
$4.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
52
Median grant size
$10K
Largest grant received
$224.8K
S
Sunita Shastri
Board Member
K
Katoya Palmer
Board Member
D
Danielle Porter
Board Member
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  • 85 funders
  • 62 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THE SOPHIA WAY’s budget?
In 2024, THE SOPHIA WAY reported an annual operating budget of around $4.4 million. More detailed financial information is available to registered users.
What causes does THE SOPHIA WAY support?
THE SOPHIA WAY supports work in Homeless services.
Where does THE SOPHIA WAY operate?
THE SOPHIA WAY is headquartered in Bellevue, WA.
Who funded THE SOPHIA WAY recently?
In 2025, THE SOPHIA WAY received grants from AMERICAN ONLINE GIVING FOUNDATION INC, DONOVAN FAMILY FOUNDATION, and ELIZABETH A LYNN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE SOPHIA WAY received in 2024?
The largest grant to THE SOPHIA WAY in 2024 exceeds $225 thousand.
What is THE SOPHIA WAY’s reliance on government grants?
THE SOPHIA WAY relied on government grants for more than 40% of their total revenue in 2024.