Saola Foundation

Analysis

Saola Foundation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Saola Foundation reported income of $558k and spending of $680k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $314k to $558k (+78%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Saola Foundation 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 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Lucy Mackenzie Humane Society Inc ($558k), Pennington County Humane Society ($558k) and Save One Soul Animal Rescue League ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $60k (8.8% of expenses). Other salaries and wages came to $334k. At year end it held assets of $159k against liabilities of $15k, net assets of $144k.