Salley Foundation Inc

Analysis

Salley Foundation Inc is a registered charity in United States, based in Wellington, FL. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 February 2024, Salley Foundation Inc reported income of $65k and spending of $73k, spending 112% of what it took in. Across the 4 years on record, from February 2020 to February 2024, income grew from $65k to $65k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to February 2023, when income rose by 53%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Salley Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Franklin Girls Softball Association ($65k), Rochester Sailing and Boating Foundation Inc ($65k) and Adirondack Research Consortium ($65k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $1,810 against liabilities of $0, net assets of $1,810.