Sepal Corporation
Analysis
Sepal Corporation is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in February 2016, 10 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 September 2023, Sepal Corporation reported income of $172k and spending of $112k, leaving 35% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $134k to $172k (+28%), an average of +6.4% a year. The sharpest change came in the year to September 2020, when income rose by 27%. Over the whole period it spent 54% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Sepal Corporation sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Masjid Mission Center Inc ($172k), Strategies4life Inc ($172k) and Tres Dias of North Georgia Inc ($172k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $35k (31% of expenses). At year end it held assets of $445k against liabilities of $0, net assets of $445k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Masjid Mission Center Inc | Jamaica | $172k |
| Strategies4life Inc | Lakeland | $172k |
| Tres Dias of North Georgia Inc | Marietta | $172k |
| Oil and Wine Ministries International | Lancaster | $172k |