Elevate Savannah

Analysis

Elevate Savannah is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in October 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 June 2023, Elevate Savannah reported income of $613k and spending of $611k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $370k to $613k (+66%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Elevate Savannah sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Kidz Grub Inc ($612k), Loyola Academy Rowing Association Inc ($613k) and Springville Youth Inc ($612k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (15% of expenses). Other salaries and wages came to $284k. At year end it held assets of $237k against liabilities of $5,285, net assets of $232k. It reported 8 employees.