Syun

Analysis

Syun is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Syun reported income of $342k and spending of $252k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $229k to $342k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Syun sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Together Helping Others Inc ($342k), Faces of Courage Foundation ($342k) and Grace and Gratitude Sober Living Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.