SFN Inc

Analysis

SFN Inc is a registered charity in United States, based in Laurens, SC. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, SFN Inc reported income of $98k and spending of $100k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $98k to $98k (+0.7%), an average of +0.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, SFN Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include American King Foundation ($98k), Homeless Coalition of Fort Atkinson ($98k) and Sunshine Creative Kidz Inc ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $48k against liabilities of $557k, net assets of -$510k.