Sprouting to Success Inc

Analysis

Sprouting to Success Inc is a registered charity in United States, based in Miami Gardens, FL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Sprouting to Success Inc reported income of $144k and spending of $128k, spending 88% of its income. Across the 4 years on record, from December 2018 to December 2022, income fell from $211k to $144k (-32%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sprouting to Success Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Scholar Career Coaching Inc ($144k), Iowa Independent School Tuition Organization ($144k) and Jacobs Ladder Learning Center Inc ($144k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k. It reported 7 employees.