Sims Foundation Inc

Analysis

Sims Foundation Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Sims Foundation Inc reported income of $1.7m and spending of $1.3m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sims Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Cerebral Palsy Research Endowment Association ($1.7m), Kenyarelief Org ($1.7m) and Cervical Spine Research Society Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (8.1% of expenses). Other salaries and wages came to $441k. At year end it held assets of $793k against liabilities of $19k, net assets of $774k. It reported 12 employees.