Sunbelt Human Advancement Resources Inc

Analysis

Sunbelt Human Advancement Resources Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in May 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sunbelt Human Advancement Resources Inc reported income of $29.1m and spending of $29.5m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $27.4m to $29.1m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to September 2020, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunbelt Human Advancement Resources Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Bergen Arts and Science Charter School ($29.0m), Lake Norman Charter School Inc ($29.2m) and Ascend Learning Inc ($29.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $11.8m. At year end it held assets of $12.3m against liabilities of $7.0m, net assets of $5.2m. It reported 366 employees.