Fanm Saj

Analysis

Fanm Saj is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Fanm Saj reported income of $164k and spending of $236k, spending 144% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $300k to $164k (-45%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fanm Saj sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Arena Dances Inc ($164k), Royal Conservatory of Music Foundation ($164k) and Frank Hamilton School Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 20% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.