Sr1

Analysis

Sr1 is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Sr1 reported income of $7.3m and spending of $2.0m, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $7.3m (+554%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 309%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sr1 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 94th percentile, and in the 95th percentile within MS. Charities of a similar size with the same main cause include Unlimited Opportunities Inc ($7.3m), The Brooklyn Queens Conservatory of Music ($7.3m) and Consensus Building Institute Inc ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $520k. At year end it held assets of $6.2m against liabilities of $483k, net assets of $5.7m. It reported 8 employees.