S a M Cac Inc

Analysis

S a M Cac Inc is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in September 2015, 11 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, S a M Cac Inc reported income of $162k and spending of $191k, spending 118% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $221k to $162k (-27%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, S a M Cac Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Ourtime Adult Daycare Services ($162k), Special Needs Solutions ($162k) and Campbell Scouting Foundation ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $66k (35% of expenses). Other salaries and wages came to $29k. At year end it held assets of $204k against liabilities of $5,056, net assets of $199k. It reported 3 employees.