Sonoran Institute Inc

Analysis

Sonoran Institute Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sonoran Institute Inc reported income of $4.1m and spending of $2.8m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $4.1m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonoran Institute Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Cals All Star Angel Foundation Inc ($4.1m), Lake Erie College Prep School ($4.1m) and Yeshiva Shaar Hatalmud Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $284k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.3m against liabilities of $1.5m, net assets of $3.8m. It reported 19 employees.