Samf Fund

Analysis

Samf Fund is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Samf Fund reported income of $1.1m and spending of $812k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Samf Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include United Ways of Vermont ($1.1m), Center for Great Neighborhoods of Covington Inc ($1.1m) and Desert Financial Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Other salaries and wages came to $21k. At year end it held assets of $19.4m against liabilities of $1,776, net assets of $19.4m.