Sibling Strong

Analysis

Sibling Strong is a registered charity in United States, based in Port Orchard, WA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sibling Strong reported income of $167k and spending of $188k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $167k (-4.8%), an average of -4.8% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sibling Strong sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Dover Police Charities Inc ($167k), Spring Community Partners Inc ($167k) and Love Inc Des Moines ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.