Friends of the Sae

Analysis

Friends of the Sae is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of the Sae reported income of $141k and spending of $120k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $691k to $141k (-80%), an average of -33% a year. The sharpest change came in the year to June 2022, when income rose by 362170%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Sae sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Greater Chambersburg Chamber Foundation ($141k), Project Imo Inc ($141k) and American Institute of Aeronautics & Astro-Digital Avionics Tech ($141k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $2,526, net assets of $21k.