Sai Spiritual Foundation

Analysis

Sai Spiritual Foundation is a registered charity in United States, based in Northlake, IL. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sai Spiritual Foundation reported income of $247k and spending of $101k, leaving 59% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $405k to $247k (-39%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 216%. Over the whole period it spent 19% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sai Spiritual Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Greater First Missionary Baptist Church ($247k), Jaquith Ministries International ($247k) and Common Ground Ministries Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.9m against liabilities of $3,596, net assets of $1.9m.