Saval Charitable TR

Analysis

Saval Charitable TR is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in July 1990, 36 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Saval Charitable TR reported income of $301k and spending of $1.2m, spending 383% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $195k to $301k (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 482%. Over the whole period it spent 137% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saval Charitable TR sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include People Living in Recovery Inc ($301k), Edwards Hope Corporation ($301k) and Southeast Texas Emergency Relief Fund ($301k).

At year end it held assets of $9.7m against liabilities of $1,500, net assets of $9.7m.

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.