Sightline Security Corp

Analysis

Sightline Security Corp is a registered charity in United States, based in Middleton, MA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Sightline Security Corp reported income of $77k and spending of $149k, spending 194% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $64k to $77k (+20%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 198% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sightline Security Corp sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include New Jersey Packaging Executives Club ($77k), On Belay Ministries Inc ($77k) and Hand County Health Wellness and Community Foundation ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $45k against liabilities of $83k, net assets of -$38k.