Saret Charitable Fundraising Organization

Analysis

Saret Charitable Fundraising Organization is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, Saret Charitable Fundraising Organization reported income of $59k and spending of $65k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $59k (-4.2%), an average of -4.2% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saret Charitable Fundraising Organization sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($59k), Saint Thomas Aquinas House of Discernment ($59k) and Veterans Village USA Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.