Sabin Group Inc

Analysis

Sabin Group Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sabin Group Inc reported income of $716k and spending of $883k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $650k to $716k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sabin Group Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Familypoint Resources ($716k), Restoration Recovery Center Inc ($717k) and Ahayah Community Development Corporation ($716k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $5.0m against liabilities of $1.2m, net assets of $3.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.