Sae Government Technologies
Analysis
Sae Government Technologies is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Sae Government Technologies reported income of $3.6m and spending of $3.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.6m (+94%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sae Government Technologies sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Youth Horizons Inc ($3.6m), Volunteer State Horsemens Foundation ($3.6m) and Southeastern Illinois Agency on Aging Inc ($3.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $266k (7.5% of expenses). Other salaries and wages came to $524k. At year end it held assets of $5.8m against liabilities of $3.5m, net assets of $2.3m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 1.4%
- Other 6.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth Horizons Inc | Wichita | $3.6m |
| Volunteer State Horsemens Foundation | Franklin | $3.6m |
| Southeastern Illinois Agency on Aging Inc | Mount Carmel | $3.6m |
| Massanutten Academy | Woodstock | $3.6m |