Savithri Foundation Inc

Analysis

Savithri Foundation Inc is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Savithri Foundation Inc reported income of $56k and spending of $5,216, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $56k (-13%), an average of -13% a year. Over the whole period it spent 5.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Savithri Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Houston Scottish Rite Learning Center Foundation ($56k), Eaton Parent Teacher Organization ($56k) and Michaels Miracles a NJ Nonprofit Corporation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.