Sahq Backers

Analysis

Sahq Backers is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sahq Backers reported income of $230k and spending of $192k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $142k to $230k (+63%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sahq Backers sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NM. Charities of a similar size with the same main cause include National Masonic Foundation for Children ($230k), Learning Institute of Philadelphia Inc ($231k) and Farmington Amateur Baseball Congress ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $307k.