Sunstate Equipment Foundation

Analysis

Sunstate Equipment Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2019, 7 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 March 2024, Sunstate Equipment Foundation reported income of $365k and spending of $342k, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $283k to $365k (+29%), an average of +6.6% a year. The sharpest change came in the year to March 2024, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunstate Equipment Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include Houston County Agricultural Society ($365k), Tewksbury Youth Skating Association ($365k) and Promised Learning Center Ltd ($365k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $457k against liabilities of $0, net assets of $457k.