Sugi Foundation

Analysis

Sugi Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Sugi Foundation reported income of $1.3m and spending of $1.1m, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $105k to $1.3m (+1095%), an average of +246% a year. The sharpest change came in the year to December 2023, when income rose by 258%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sugi Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include The Crest ($1.3m), U S Green Building Council-Illinois Chapter ($1.3m) and Capital Area Corporate Recycling Counsel ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (3.6% of expenses). At year end it held assets of $176k against liabilities of $0, net assets of $176k.