Sapna Foundation Inc

Analysis

Sapna Foundation Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Sapna Foundation Inc reported income of $139k and spending of $145k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $54k to $139k (+158%), an average of +61% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sapna Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($139k), The Exceptional Sidekick Inc ($139k) and Little League Baseball Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3,449 against liabilities of $0, net assets of $3,449.