Sadr Foundation

Analysis

Sadr Foundation is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in September 1999, 27 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 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 May 2024, Sadr Foundation reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $686k to $1.5m (+121%), an average of +17% a year. The sharpest change came in the year to May 2023, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sadr Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Autism Action Partnership ($1.5m), Barney & Rachel Gottstein Char Foundation ($1.5m) and Homeless Childrens Education Fund ($1.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $604k against liabilities of $2,400, net assets of $602k. It reported 2 employees.