Sage Financial Solutions Inc

Analysis

Sage Financial Solutions Inc is a registered charity in United States, based in Pinole, CA. It received its IRS tax-exemption ruling in June 2017, 9 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, Sage Financial Solutions Inc reported income of $763k and spending of $694k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $858k to $763k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sage Financial Solutions Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Society of St Vincent de Paul Council of Metuchen NJ Inc ($763k), Alpha Genesis Community Development Corporation ($763k) and Lighthouse Christian Home and Services Inc ($763k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $148k (21% of expenses). Other salaries and wages came to $21k. At year end it held assets of $435k against liabilities of $210k, net assets of $225k.