Secrets Savored Inc

Analysis

Secrets Savored Inc is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in September 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 June 2024, Secrets Savored Inc reported income of $91k and spending of $105k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $77k to $91k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Secrets Savored Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Gmo Free USA Inc ($91k), Leeds Welfare Cooperative Inc Barbara Higginbotham ($91k) and Operation Veteran Support ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.