Friends of Saturday Academy

Analysis

Friends of Saturday Academy is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Friends of Saturday Academy reported income of $778k and spending of $1.2m, spending 160% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $778k (-60%), an average of -20% a year. The sharpest change came in the year to September 2020, when income dropped by 50%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Saturday Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Reconciliation Ministries SC ($778k), Womens Center of Brazoria County Inc ($778k) and Citizens Alliance for Progress Inc ($778k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $130k (10% of expenses). Other salaries and wages came to $519k. It paid $22k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $387k, net assets of $1.1m. It reported 52 employees.

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.