Sunbridge Institute Inc

Analysis

Sunbridge Institute Inc is a registered charity in United States, based in Chestnut RDG, NY. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Sunbridge Institute Inc reported income of $996k and spending of $1.0m, spending 103% of its income. Across the 6 years on record, from May 2019 to April 2024, income grew from $877k to $996k (+14%), an average of +2.6% a year. The sharpest change came in the year to May 2023, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunbridge Institute Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Nationz Foundation Incorporated ($996k), Cornerstone Christian Academy ($997k) and Sacred Heart of Jesus High School ($996k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $107k (11% of expenses). Other salaries and wages came to $567k. At year end it held assets of $3.0m against liabilities of $2.8m, net assets of $201k. It reported 58 employees.