Son Foundation Inc

Analysis

Son Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Son Foundation Inc reported income of $143k and spending of $129k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $143k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Son Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Windsor Human Development ($143k), Northwest Louisiana Pregnancy Care Center ($143k) and North Bay Cancer Alliance Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 0.2% of the total. At year end it held assets of $345k against liabilities of $118k, net assets of $227k.