Sketchpad Inc a Delaware NFP Corporation

Analysis

Sketchpad Inc a Delaware NFP Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sketchpad Inc a Delaware NFP Corporation reported income of $470k and spending of $389k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $382k to $470k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sketchpad Inc a Delaware NFP Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Shepherds of Christ Ministries Inc ($470k), Infusion Ministries ($470k) and Word of Life ($470k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $82k (21% of expenses). Other salaries and wages came to $9,613. At year end it held assets of $571k against liabilities of $420k, net assets of $151k. It reported 2 employees.