Sam T Foundation Inc

Analysis

Sam T Foundation Inc is a registered charity in United States, based in Cinnaminson, NJ. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sam T Foundation Inc reported income of $193k and spending of $107k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $308k to $193k (-37%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sam T Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Oak Tree Youth Resources ($193k), Madison Basketball Association Inc ($193k) and Building Mosaic Solutions Inc ($193k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.