Sunstone Education Foundation Incorporated

Analysis

Sunstone Education Foundation Incorporated is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in September 2002, 24 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 December 2023, Sunstone Education Foundation Incorporated reported income of $396k and spending of $401k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $396k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sunstone Education Foundation Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Afula Educational Center Inc ($396k), Darul Wahi ($396k) and Mission Catalyst International Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $139k (35% of expenses). Other salaries and wages came to $81k. At year end it held assets of $11k against liabilities of $29k, net assets of -$18k. It reported 3 employees.