Lady Savant Foundation Inc

Analysis

Lady Savant Foundation Inc is a registered charity in United States, based in Franklin LKS, NJ. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lady Savant Foundation Inc reported income of $348k and spending of $279k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,734 to $348k (+3881%), an average of +3882% a year. The sharpest change came in the year to December 2023, when income rose by 3881%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lady Savant Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Monkey Tail Ranch ($348k), Heartspace Kids Inc ($348k) and Mainspring Portland ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.