Save22

Analysis

Save22 is a registered charity in United States, based in Carrollton, OH. It received its IRS tax-exemption ruling in November 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, Save22 reported income of $141k and spending of $94k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $141k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Save22 sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Wise Steward Group Inc ($141k), Gaston Ministries Inc ($141k) and Veterans 5-9 ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $477k against liabilities of $24k, net assets of $452k.