Sunflower of Peace

Analysis

Sunflower of Peace is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Sunflower of Peace reported income of $1.6m and spending of $3.2m, spending 204% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $8.0m to $1.6m (-80%), an average of -80% a year. The sharpest change came in the year to June 2023, when income dropped by 80%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunflower of Peace sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Upper Saco Valley Land Trust ($1.6m), Covenant Soup Kitchen Inc ($1.6m) and Nubian Directions II Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $46k (1.4% of expenses). Other salaries and wages came to $104k. At year end it held assets of $5.1m against liabilities of $301k, net assets of $4.8m. It reported 2 employees.