Sava Educational Fund

Analysis

Sava Educational Fund is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in June 2019, 7 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 (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 2022, Sava Educational Fund reported income of $83k and spending of $850, leaving 99% of income unspent that year. Across the 2 years on record, from December 2019 to December 2022, income grew from $17k to $83k (+373%), an average of +373% a year. The sharpest change came in the year to December 2022, when income rose by 373%. Over the whole period it spent 1.1% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sava Educational Fund sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Whatcom Jazz Music Arts Center ($83k), Temecula Valley Historical Society ($83k) and Vatan Uzbekistani Community Cultural Center ($83k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.2m against liabilities of $1,975, net assets of $1.2m.