Sac Foundation

Analysis

Sac Foundation is a registered charity in United States, based in Papillion, NE. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, 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, Sac Foundation reported income of $73k and spending of $35k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $73k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sac Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Goodknight the Clubhouse Inc ($73k), Restoring Gods Glory Ministries Incorporated ($73k) and Day Spring Woods Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.