Satsang Foundation

Analysis

Satsang Foundation is a registered charity in United States, based in Santa Fe SPGS, CA. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Satsang Foundation reported income of $82k and spending of $30k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $82k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Satsang Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include 4 Pawz Strong ($82k), The Friends of the Rural Life Museum Inc ($82k) and Pakistani American Forum-Merit Grants for Young Women ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.