Sweet Monday Inc

Analysis

Sweet Monday Inc is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Monday Inc reported income of $187k and spending of $175k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $187k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sweet Monday Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Tierce Green Ministries Inc ($187k), Global Impact Ministries Inc ($187k) and Promised Land Living ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $124k against liabilities of $2,874, net assets of $121k.