Savusavu Community Foundation

Analysis

Savusavu Community Foundation is a registered charity in United States, based in Villa Park, CA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Savusavu Community Foundation reported income of $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Savusavu Community Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include CHC Qalicb II Inc ($1.6m), Midwest Health Foundation ($1.6m) and Community Ventures Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $312k against liabilities of $0, net assets of $312k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.