Public Charity

Sovrin Foundation

Sovrin Foundation is a Public Charity headquartered in Salt Lake City, UT. Financial data from the 2025 filing: $2.2M revenue, $63K expenses.

EIN: 813702995 Salt Lake City, UT Latest filing: 2025
Total Revenue$2.2M
Total Expenses$63K
Grant Records0
Filing Years2020–2025

Mission

The purpose of the foundation (Sovrin) is to provide a global public utility for self-sovereign (i.e. user controlled) internet identity that streamlines interactions and enables stronger levels of trust among all individuals, organizations and things.

Where $100 goes at Sovrin Foundation

How Sovrin Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$41 Programs the work itself
$33 Management running the organization
$26 Fundraising raising the next dollar

Inside the $41 for programs

$14
Network Development and Operations:1
34% of program spending
$14
Network growth:1
About 33% (cost not reported)
$13
Identity for all:1
About 33% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Alex Blom
Trustee Andre Kudra
Trustee Philippe Page
Trustee/Chair Stephen Curran

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.2M $63K —
2024 $22K $110K $35K
2023 $94K $83K $99K
2022 $120K $106K $62K
2020 $777K $968K $60K

Between 2020 and 2025, reported annual revenue grew from $777K to $2.2M (+181%).

Interactive year-over-year charts and full filing details available with membership.

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