Sundoulos Inc

Analysis

Sundoulos Inc is a registered charity in United States, based in Depew, NY. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sundoulos Inc reported income of $59k and spending of $60k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $59k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sundoulos Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include I58 Ministry ($59k), Adams County Cancer Coaltion ($59k) and A Giving Heart Project Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $5,209 against liabilities of $0, net assets of $5,209.