Savio House

Analysis

Savio House is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Savio House reported income of $17.8m and spending of $12.7m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.9m to $17.8m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Savio House sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Community Action Partnership of Western Nebraska ($17.8m), Niagara Hospice Inc ($17.8m) and Delmarva Community Services Inc ($17.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $733k (5.8% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $25.4m against liabilities of $1.4m, net assets of $24.0m. It reported 195 employees.