Sakura Foundation

Analysis

Sakura Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sakura Foundation reported income of $173k and spending of $208k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $173k (+141%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 327%. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sakura Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Family Promise of Bryan-Collegestation ($173k), Agape Foundation ($173k) and Rivertree Apartments Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $503k against liabilities of $6,552, net assets of $496k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.