Saras Project Inc

Analysis

Saras Project Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Saras Project Inc reported income of $469k and spending of $420k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $533k to $469k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saras Project Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Black Hills Health and Education Center ($469k), Grace Roots ($470k) and Avenues Pregnancy Clinic ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $71k (17% of expenses). Other salaries and wages came to $136k. At year end it held assets of $729k against liabilities of $11k, net assets of $718k. It reported 4 employees.