Saban Charitable Support Fund

Analysis

Saban Charitable Support Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saban Charitable Support Fund reported income of $119k and spending of $941k, spending 794% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $705k to $119k (-83%), an average of -36% a year. The sharpest change came in the year to December 2020, when income rose by 912%. Over the whole period it spent 130% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saban Charitable Support Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include J P Hudson Memorial Park Inc ($118k), Bowmans Addition Volunteer Fire Company ($119k) and TBCT Foundation ($118k).

At year end it held assets of $1.8m against liabilities of $3.0m, net assets of -$1.2m.