Sabre Finance

Analysis

Sabre Finance is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Sabre Finance reported income of $1.7m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $554k to $1.7m (+202%), an average of +32% a year. The sharpest change came in the year to September 2021, when income rose by 161%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sabre Finance sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Community Farm Alliance Inc ($1.7m), Cumberland Economic Development Corporation ($1.7m) and Pipe Industry Education & Training Fund ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Other salaries and wages came to $722k. At year end it held assets of $9.3m against liabilities of $5.4m, net assets of $3.9m. It reported 7 employees.