Sri Sathya Sai World Foundation

Analysis

Sri Sathya Sai World Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in January 2008, 18 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, Sri Sathya Sai World Foundation reported income of $422k and spending of $297k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $909k to $422k (-54%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sri Sathya Sai World Foundation 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 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Joseph L & Esther M Lieberman Trust 01-02074 ($422k), Maryville City Schools Foundation Inc ($422k) and Project Moshiach Awareness Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $3.8m against liabilities of $12k, net assets of $3.8m.