Sonset Solutions Inc

Analysis

Sonset Solutions Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Sonset Solutions Inc reported income of $2.2m and spending of $1.9m, spending 84% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $2.3m to $2.2m (-0.8%), an average of -0.8% a year. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sonset Solutions Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Best Christian Workplaces Institute ($2.2m), Life for the Innocent ($2.2m) and Undivided Inc ($2.2m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $249k (13% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.5m against liabilities of $130k, net assets of $3.3m. It reported 22 employees.