Save Mart Cares Foundation

Analysis

Save Mart Cares Foundation is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Save Mart Cares Foundation reported income of $379k and spending of $60k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $415k to $379k (-8.7%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 804%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Save Mart Cares Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Gitchi Gummi Soccer Club Inc ($378k), Dallas Figure Skating Club Inc ($379k) and Indiana Hockey Officials Association ($378k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 30% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.