Sponsors Corner Inc

Analysis

Sponsors Corner Inc is a registered charity in United States, based in Bloomingburg, NY. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2019, Sponsors Corner Inc reported income of $103k and spending of $87k, spending 84% of its income. Across the 2 years on record, from December 2018 to December 2019, income fell from $131k to $103k (-21%), an average of -21% a year. The sharpest change came in the year to December 2019, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sponsors Corner Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Doz International Ministries ($103k), Abidi Foundation Inc ($103k) and Deconstructing the Bible Inc ($103k).

On its Form 990 for the period ending December 2019, revenue came from program service revenue 100% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.