Sisters Inspiring Sisters to Establish Royalty Inc

Analysis

Sisters Inspiring Sisters to Establish Royalty Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in December 2020, 6 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 December 2023, Sisters Inspiring Sisters to Establish Royalty Inc reported income of $87k and spending of $291k, spending 335% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $95k to $87k (-8.3%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 226%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sisters Inspiring Sisters to Establish Royalty Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Safe Landing ($87k), Friends of Hospice of Jefferson County ($87k) and Exterior Design Institute Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.