Sonbt Inc

Analysis

Sonbt Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in March 2018, 8 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 (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, Sonbt Inc reported income of $195k and spending of $177k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $73k to $195k (+166%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sonbt Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Interamerican Institute for Democracy Inc ($195k), Wisconsin Nicaragua Partners of the Americas Inc ($195k) and Himalayan Healthcare Inc ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.