Sartori Health Care Foundation

Analysis

Sartori Health Care Foundation is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in May 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 June 2023, Sartori Health Care Foundation reported income of $718k and spending of $678k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $601k to $718k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sartori Health Care Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Empower Oversight Whistleblowers & Research ($718k), Georgia Forestry Foundation Inc ($718k) and Florence Dibell Bartlette 01 21940 ($718k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. Other salaries and wages came to $63k. At year end it held assets of $6.3m against liabilities of $0, net assets of $6.3m.