The Savannah Community Foundation Inc

Analysis

The Savannah Community Foundation Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in June 1956, 70 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, The Savannah Community Foundation Inc reported income of $30.9m and spending of $6.1m, leaving 80% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $30.9m (+670%), an average of +67% a year. The sharpest change came in the year to June 2021, when income rose by 482%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Savannah Community Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Hancock Physician Network LLC ($30.9m), The Arc of Chester County ($31.0m) and Multi-State Lottery Association ($30.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $85.6m against liabilities of $0, net assets of $85.6m.