Sarah House Inc

Analysis

Sarah House Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sarah House Inc reported income of $666k and spending of $321k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $666k (+111%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sarah House Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Ruth Project Ministries ($666k), Ubuntu Village Nola ($666k) and Hope Clinic Inc ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 6.0% of the total. Other salaries and wages came to $189k. At year end it held assets of $1.2m against liabilities of $30k, net assets of $1.2m. It reported 6 employees.