Sar Foundation Inc

Analysis

Sar Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sar Foundation Inc reported income of $1.1m and spending of $386k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 248%. Over the whole period it spent 168% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sar Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Five-Os Tiki Foundation Inc ($1.1m), Charitable Partnership Fund ($1.1m) and Thisisplace Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $2.8m against liabilities of $1.9m, net assets of $935k.