Sunburst Projects

Analysis

Sunburst Projects is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Sunburst Projects reported income of $2.2m and spending of $2.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $821k to $2.2m (+170%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunburst Projects sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Clean Energy Economy for the Region ($2.2m), Corn Bible Academy Inc ($2.2m) and Ase Education Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $150k (6.9% of expenses). Other salaries and wages came to $909k. It paid $2,500 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $1.4m, net assets of $455k. It reported 19 employees.