Sagamore Inc

Analysis

Sagamore Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Sagamore Inc reported income of $16.8m and spending of $13.9m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.0m to $16.8m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sagamore Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Community Action Programs Inter-City Inc ($16.7m), Amvets National Service Foundation ($16.8m) and Wright Institute ($16.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $412k (3.0% of expenses). Other salaries and wages came to $2.7m. It paid $40k in professional fundraising fees. At year end it held assets of $15.8m against liabilities of $1.3m, net assets of $14.5m. It reported 56 employees.