Sub Zero Mission

Analysis

Sub Zero Mission is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Sub Zero Mission reported income of $748k and spending of $578k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to March 2024, income grew from $320k to $748k (+134%), an average of +24% a year. The sharpest change came in the year to March 2024, when income rose by 40%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sub Zero Mission sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Next Step Ministries ($748k), Just Kids Child Development Center ($748k) and Click Inc ($748k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $923k against liabilities of $87k, net assets of $836k.