Sudc Foundation

Analysis

Sudc Foundation is a registered charity in United States, based in Roseland, NJ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sudc Foundation reported income of $892k and spending of $986k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $818k to $892k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sudc Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Trust for Endowment Fund of Enterprize Events Inc ($892k), Northern California Pga Foundation ($893k) and Easter Seals Society of Iowa ($892k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $208k (21% of expenses). Other salaries and wages came to $176k. At year end it held assets of $1.6m against liabilities of $67k, net assets of $1.5m. It reported 10 employees.