Sunset Spark Inc

Analysis

Sunset Spark Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sunset Spark Inc reported income of $195k and spending of $177k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $282k to $195k (-31%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunset Spark Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Sandhills Regional Education Consortium ($195k), Little Kanawha Valley Christian School Inc ($195k) and The Garden Cooperative Nursery School ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $97k (55% of expenses). At year end it held assets of $34k against liabilities of $17k, net assets of $18k. It reported 2 employees.