Historic Savannah Foundation Incorporated

Analysis

Historic Savannah Foundation Incorporated is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in January 1958, 68 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 September 2023, Historic Savannah Foundation Incorporated reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.5m to $1.1m (-24%), an average of -6.5% a year. The sharpest change came in the year to September 2021, when income rose by 44%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Savannah Foundation Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), South Baldwin County Hospital Corp ($1.1m) and Coalition for a Drug-Free Hawaii ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $95k (8.3% of expenses). Other salaries and wages came to $478k. At year end it held assets of $11.1m against liabilities of $1.6m, net assets of $9.4m. It reported 48 employees.