Sakhi for South Asian Survivors Inc

Analysis

Sakhi for South Asian Survivors Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Sakhi for South Asian Survivors Inc reported income of $7.9m and spending of $5.5m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.1m to $7.9m (+280%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sakhi for South Asian Survivors Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Jewish Relief Network Ukraine ($7.8m), Akademiya2063 ($7.9m) and The Jewish Institute for National Security of America ($7.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $332k (6.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.6m against liabilities of $1.1m, net assets of $6.5m. It reported 49 employees.