Sagerstrong Foundation

Analysis

Sagerstrong Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sagerstrong Foundation reported income of $179k and spending of $314k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $26k to $179k (+597%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 252%. Over the whole period it spent 239% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sagerstrong Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Design Inspirations ($179k), Osterman Community Foundation ($179k) and Anniston Community Educati ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. Compensation of current officers, directors and key employees was $42k (14% of expenses). At year end it held assets of $400k against liabilities of $379k, net assets of $21k. It reported 3 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.