Saders Inc

Analysis

Saders Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Saders Inc reported income of $86k and spending of $49k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $86k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saders Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IA. Charities of a similar size with the same main cause include Wicomico Farm & Home Show Inc ($85k), Lax Devils Lacrosse Club Inc ($86k) and Mattoon Pride Softball Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.