Sitara Institute

Analysis

Sitara Institute is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Sitara Institute reported income of $68k and spending of $37k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2018 to June 2022, income fell from $125k to $68k (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 170%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sitara Institute sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Council on Test Security ($68k), Oconomowoc Gridiron Club Inc ($68k) and National Latino Peace Officers Association ($68k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.