Michael R Sadler Foundation

Analysis

Michael R Sadler Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Michael R Sadler Foundation reported income of $81k and spending of $71k, spending 88% of its income. Across the 5 years on record, from February 2020 to December 2023, income fell from $134k to $81k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michael R Sadler Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Ben Franklin PTA ($81k), Marquette Booster Club Inc ($81k) and LA Mirada High School Baseball Booster Club Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $24k (34% of expenses). At year end it held assets of $271k against liabilities of $2,324, net assets of $269k. It reported 1 employees.