Sourceflix Inc

Analysis

Sourceflix Inc is a registered charity in United States, based in Brigham City, UT. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sourceflix Inc reported income of $292k and spending of $240k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $292k (+4.6%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sourceflix Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Heart for Honduras ($292k), Alaska International Ministries LLC ($292k) and Acres of Hope International Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 19% of the total. At year end it held assets of $497k against liabilities of $0, net assets of $497k.