Sevatruck Foundation

Analysis

Sevatruck Foundation is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Sevatruck Foundation reported income of $336k and spending of $258k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $222k to $336k (+52%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sevatruck Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Rutland City Rescue Mission Inc ($336k), Monterey Peninsula District Council ($336k) and Love Is a Gift Incorporated ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $70k. At year end it held assets of $490k against liabilities of $8,424, net assets of $481k. It reported 1 employees.