Sahaba Initiative Inc

Analysis

Sahaba Initiative Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sahaba Initiative Inc reported income of $844k and spending of $1.1m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $386k to $844k (+118%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sahaba Initiative Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Arms of Love International Inc ($844k), Consortium of Endowed Episcopal Parishes Inc ($844k) and Society of St Vincent Depaul Cape and Islands District Inc ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $275k. At year end it held assets of $271k against liabilities of $84k, net assets of $188k. It reported 7 employees.