Sai Charities of Austin

Analysis

Sai Charities of Austin is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sai Charities of Austin reported income of $86k and spending of $108k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $86k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sai Charities of Austin sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Clothe-A-Child of Ohio Inc ($86k), The Society of St Vincent de Paul Scared Heart Conference ($86k) and Marcos Slice of Support Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.