Sungil Mission

Analysis

Sungil Mission is a registered charity in United States, based in Cypress, CA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sungil Mission reported income of $777k and spending of $47k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12k to $777k (+6118%), an average of +181% a year. The sharpest change came in the year to December 2020, when income rose by 1220%. Over the whole period it spent 5.6% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sungil Mission sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Acc Foundation ($777k), Kindred Partners ($777k) and No Regrets Mens Ministry Inc ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.