Sithub

Analysis

Sithub is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. 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 April 2023, Sithub reported income of $412k and spending of $463k, spending 112% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income grew from $343k to $412k (+20%), an average of +20% a year. The sharpest change came in the year to April 2023, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sithub sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Manatee County Audubon Society Inc ($412k), Brooklyn Alliance Capital Inc ($412k) and Bosco-Milligan Foundation ($412k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $85k (18% of expenses). Other salaries and wages came to $153k. At year end it held assets of $30k against liabilities of $0, net assets of $30k.