Sasc Inc

Analysis

Sasc Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sasc Inc reported income of $2.6m and spending of $2.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.6m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sasc Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Antonine Village ($2.6m), Good News for India - Texas ($2.6m) and Association of Catholic Colleges and Universities ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $950k. At year end it held assets of $6.9m against liabilities of $5.4m, net assets of $1.5m.