Sadd Inc

Analysis

Sadd Inc is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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 September 2023, Sadd Inc reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.6m (+45%), an average of +9.8% a year. The sharpest change came in the year to September 2022, when income rose by 80%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sadd Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Galveston County Fair and Rodeo Inc ($2.6m), Casa Marianella ($2.6m) and Penfield Addiction Ministries Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $303k (13% of expenses). Other salaries and wages came to $967k. At year end it held assets of $584k against liabilities of $1.0m, net assets of -$418k. It reported 32 employees.