Friends of Sayulita Inc

Analysis

Friends of Sayulita Inc is a registered charity in United States, based in North Adams, MA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Sayulita Inc reported income of $79k and spending of $99k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $79k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Sayulita Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Himalayan Hope Charitable Foundation ($79k), Shepherds Love ($79k) and Hope for the Hopeless Organization H20 ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.