Sabre Society of North Carolina

Analysis

Sabre Society of North Carolina is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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 2024, Sabre Society of North Carolina reported income of $568k and spending of $1.9m, spending 340% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $964k to $568k (-41%), an average of -23% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sabre Society of North Carolina sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Agape Christian Homes ($568k), International Examiner ($568k) and Hendricks Regional Health Foundation Inc ($568k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $186k against liabilities of $476, net assets of $186k.