Sat-7 North America

Analysis

Sat-7 North America is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sat-7 North America reported income of $13.1m and spending of $12.9m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $8.6m to $13.1m (+52%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sat-7 North America sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include The Catholic Community Fund of the Archdiocese of Boston Inc ($12.9m), Healing Lodge of the Seven Nations ($13.1m) and Living on the Edge Ministries Inc ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $367k (2.8% of expenses). Other salaries and wages came to $938k. It paid $850k in professional fundraising fees. At year end it held assets of $11.1m against liabilities of $4.0m, net assets of $7.1m. It reported 19 employees.