Sakya Charitable Foundation

Analysis

Sakya Charitable Foundation is a registered charity in United States, based in Theodore, AL. It received its IRS tax-exemption ruling in July 2014, 12 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, Sakya Charitable Foundation reported income of $56k and spending of $56k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $78k to $56k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sakya Charitable Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AL. Charities of a similar size with the same main cause include Sieler Safehaven Foundation ($56k), Carmel Valley Angel Project Inc ($56k) and Rochester Little League Inc ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.