Sepm Foundation Inc

Analysis

Sepm Foundation Inc is a registered charity in United States, based in Claremore, OK. It received its IRS tax-exemption ruling in February 1984, 42 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 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, Sepm Foundation Inc reported income of $80k and spending of $94k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $80k (-62%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 79%. Over the whole period it spent 33% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sepm Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within OK. Charities of a similar size with the same main cause include Kollel Academy of Advanced Jewish Education ($80k), Thalheimer Family-Jdc Support Foundation Inc ($80k) and Talon Eagle S Wing Ministry Corp ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.