Sullivan Scholars Foundation

Analysis

Sullivan Scholars Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sullivan Scholars Foundation reported income of $153k and spending of $284k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $167k to $153k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sullivan Scholars Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Sun Lakes Country Club Charitable Trust ($153k), Page High School Band Boosters ($153k) and Southwest Consortium of Indian Head Start Programs Inc ($153k).

At year end it held assets of $5.0m against liabilities of $25, net assets of $5.0m.