Saltville Foundation

Analysis

Saltville Foundation is a registered charity in United States, based in Saltville, VA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Saltville Foundation reported income of $96k and spending of $102k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $66k to $96k (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 98%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saltville Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Fellowship of New Testament Ministries ($96k), Men of Faith ($96k) and Aloha First ($95k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $31k. At year end it held assets of $757k against liabilities of $17k, net assets of $741k. It reported 3 employees.