Sun24 Inc

Analysis

Sun24 Inc is a registered charity in United States, based in S Burlington, VT. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sun24 Inc reported income of $87k and spending of $675k, spending 774% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $466k to $87k (-81%), an average of -34% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 214% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sun24 Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 25th percentile within VT. Charities of a similar size with the same main cause include Americans Caring Teaching Sharing Inc ($87k), Caring for Korah Inc ($87k) and Jewish Cuba Connection Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.