Sleep Consortium

Analysis

Sleep Consortium is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Sleep Consortium reported income of $966k and spending of $883k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $271k to $966k (+257%), an average of +257% a year. The sharpest change came in the year to December 2023, when income rose by 257%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sleep Consortium sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Guildhaus ($966k), Crossroads to Intervention Inc ($967k) and Alaska Youth and Family Network ($966k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $133k (15% of expenses). At year end it held assets of $204k against liabilities of $1,204, net assets of $203k. It reported 2 employees.