Sunbridge Schools

Analysis

Sunbridge Schools is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in August 2013, 13 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 2023, Sunbridge Schools reported income of $4.4m and spending of $3.9m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.4m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunbridge Schools sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Oregon College of Oriental Medicine ($4.4m), Community Childrens Center Inc ($4.4m) and PTA California Congress of Parents Teachers Students Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $3.3m against liabilities of $5.9m, net assets of -$2.6m. It reported 62 employees.