Sweet Pea Foundation Inc

Analysis

Sweet Pea Foundation Inc is a registered charity in United States, based in Granger, IN. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sweet Pea Foundation Inc reported income of $84k and spending of $20k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $49k to $84k (+70%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 273%. Over the whole period it spent 17% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sweet Pea Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IN. Charities of a similar size with the same main cause include The South Bay Sunrise Rotary Club Foundation ($84k), Andrea Rose Teodosio Memorial Foundation ($84k) and Brendon P Bachelor Foundation for Sports and Education ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $736k against liabilities of $2,212, net assets of $733k.