Friends of Saiacs

Analysis

Friends of Saiacs is a registered charity in United States, based in Campbell, CA. It received its IRS tax-exemption ruling in April 2003, 23 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, Friends of Saiacs reported income of $1.4m and spending of $1.7m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 202%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Saiacs sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Stokes Partnership for Children Inc ($1.4m), International a L E R T Academy ($1.4m) and International School for Autism ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $741k against liabilities of $0, net assets of $741k.