The Sonder Project Inc

Analysis

The Sonder Project Inc is a registered charity in United States, based in Destin, FL. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Sonder Project Inc reported income of $561k and spending of $576k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $561k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Sonder Project Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Faseelah Charity ($560k), Nehemiah Vision Ministries Inc ($561k) and In His Hands Orphans Outreach ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $112k (19% of expenses). Other salaries and wages came to $56k. It paid $10k in professional fundraising fees. At year end it held assets of $403k against liabilities of $12k, net assets of $390k.