Syrian Institute for Progress a California Public Benefit Corporat

Analysis

Syrian Institute for Progress a California Public Benefit Corporat is a registered charity in United States, based in Foothill RNCH, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Syrian Institute for Progress a California Public Benefit Corporat reported income of $115k and spending of $272k, spending 237% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $426k to $115k (-73%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Syrian Institute for Progress a California Public Benefit Corporat sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Leetsdale Fire Department Inc ($115k), Mountain Rescue Association ($115k) and Central Bell County Fire Rescue Incorporated ($115k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $226k against liabilities of $4,709, net assets of $222k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.