Social Sabby Sponsorships Inc

Analysis

Social Sabby Sponsorships Inc is a registered charity in United States, based in Portland, CT. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Social Sabby Sponsorships Inc reported income of $130k and spending of $90k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $130k (+190%), an average of +190% a year. The sharpest change came in the year to December 2023, when income rose by 190%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Social Sabby Sponsorships Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Girls Crushing It Inc ($130k), Color Outside the Lines ($130k) and National Women of Achievement Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.