Sacc Scholarship Charitable TR

Analysis

Sacc Scholarship Charitable TR is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 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, Sacc Scholarship Charitable TR reported income of $149k and spending of $98k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $149k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sacc Scholarship Charitable TR sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Adins Closet Inc ($149k), Rhode Island Kosher ($149k) and Hodes Family Foundation Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $337k against liabilities of $0, net assets of $337k.