Saara of Virginia Inc

Analysis

Saara of Virginia Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Saara of Virginia Inc reported income of $702k and spending of $632k, spending 90% of its income. Across the 6 years on record, from June 2017 to June 2023, income grew from $235k to $702k (+199%), an average of +24% a year. The sharpest change came in the year to June 2019, when income rose by 137%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saara of Virginia Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Greater Piedmont Challenge Teen Challange Inc ($702k), Pride Wilton Inc ($702k) and Angel Fund Inc ($702k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). Other salaries and wages came to $270k. At year end it held assets of $350k against liabilities of $12k, net assets of $339k. It reported 13 employees.