Sopris Sun Inc

Analysis

Sopris Sun Inc is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sopris Sun Inc reported income of $552k and spending of $528k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $291k to $552k (+90%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sopris Sun Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Central Chinese High School in America ($552k), Vive Les Arts Societe of Killeen Harker Heights Inc ($552k) and Central Coast State Parks Association ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $182k (34% of expenses). At year end it held assets of $9,569 against liabilities of -$1,744, net assets of $11k. It reported 4 employees.