Sarcoma Foundation of America Inc

Analysis

Sarcoma Foundation of America Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Sarcoma Foundation of America Inc reported income of $3.7m and spending of $3.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.7m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sarcoma Foundation of America Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Harbor Branch Oceanographic Institution Foundation Inc ($3.7m), Over the Rainbow Butterfly Garden Inc ($3.7m) and Folksbiene Yiddish Theatre Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $228k (7.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $11.2m against liabilities of $648k, net assets of $10.5m. It reported 13 employees.