Sansone Foundation Inc

Analysis

Sansone Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1968, 58 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Sansone Foundation Inc reported income of $979k and spending of $666k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2,187 to $979k (+44686%), an average of +360% a year. The sharpest change came in the year to December 2023, when income rose by 9794610%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sansone Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Chiari & Syringomyelia Foundation ($979k), Freedoms Promise Inc ($981k) and Nueva Vida Inc ($979k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $532k against liabilities of $5,500, net assets of $526k.