Sandy Creek Foundation

Analysis

Sandy Creek Foundation is a registered charity in United States, based in Parker, TX. It received its IRS tax-exemption ruling in November 1981, 45 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 December 2023, Sandy Creek Foundation reported income of $537k and spending of $701k, spending 131% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $5.6m to $537k (-90%), an average of -37% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sandy Creek Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Wingman Foundation ($537k), Angels Baseball Inc ($537k) and Florida Craftart Inc ($537k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $100k (14% of expenses). Other salaries and wages came to $85k. At year end it held assets of $3.7m against liabilities of $1,857, net assets of $3.7m. It reported 6 employees.

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.