SQPN Inc

Analysis

SQPN Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, SQPN Inc reported income of $275k and spending of $235k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $239k to $275k (+15%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, SQPN Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Glocal Community Partners ($275k), Creation Illustrated Ministries Inc ($275k) and Sevendays Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $141k (60% of expenses). At year end it held assets of $213k against liabilities of $0, net assets of $213k. It reported 2 employees.