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Sunflower Initiative Inc

RegisteredEIN 27-1428254Hillsborough, NCEducation and training
Income$86k2023-12
Spending$76ksame year
Spent / received57%4-year average
Size in its cause36th pctEducation and training
Exempt since2010Publicly supported organisat
Employees0latest return

Analysis

Sunflower Initiative Inc is a registered charity in United States, based in Hillsborough, NC. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sunflower Initiative Inc reported income of $86k and spending of $76k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $133k to $86k (-35%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunflower Initiative Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Marion Band Booster Organization ($86k), Providence Senior High School Band Booster Club ($86k) and Stock Horse of Wisconsin Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $955k against liabilities of $0, net assets of $955k.

Income and spending

$0$33k$66k$99k$133k2020 Income: $132,5622020 Spending: $54,71520202021 Income: $103,3012021 Spending: $58,20820212022 Income: $116,7902022 Spending: $60,79720222023 Income: $86,3822023 Spending: $76,2412023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Other 9.0%

Similar-sized charities, same cause

CharityLocationIncome
Marion Band Booster OrganizationMaria Stein$86k
Providence Senior High School Band Booster ClubCharlotte$86k
Stock Horse of Wisconsin IncSturgeon Bay$86k
TK Scholarship FundOakland$86k