Sabeswings

Analysis

Sabeswings is a registered charity in United States, based in Paso Robles, CA. It received its IRS tax-exemption ruling in September 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, Sabeswings reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $580k to $1.1m (+93%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 167%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sabeswings sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Watermans Community Center ($1.1m), Holiday Express Inc ($1.1m) and Concord Carlisle Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% of the total. Compensation of current officers, directors and key employees was $240k (21% of expenses). Other salaries and wages came to $94k. At year end it held assets of $465k against liabilities of $3,803, net assets of $461k. It reported 2 employees.