Sallys Fund Inc

Analysis

Sallys Fund Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sallys Fund Inc reported income of $582k and spending of $331k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $582k (+122%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sallys Fund Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Better Life in Recovery Incorporated ($582k), Aaa Full Circle Adoptions & Family Building Center Inc ($582k) and Mt Pleasant Child Development and Enrichment Center ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $171k. At year end it held assets of $1.9m against liabilities of $1,653, net assets of $1.9m. It reported 11 employees.