Sympara Inc

Analysis

Sympara Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sympara Inc reported income of $109k and spending of $85k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $109k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sympara Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Carolina Chaplaincy PRGM ($109k), Christian Community Cupboard ($109k) and Tabletop Ministries ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.