Saturate USA Inc

Analysis

Saturate USA Inc is a registered charity in United States, based in Lone Tree, CO. It received its IRS tax-exemption ruling in April 2021, 5 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, Saturate USA Inc reported income of $1.4m and spending of $2.1m, spending 146% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.9m to $1.4m (-24%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saturate USA Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Church Missions Network ($1.4m), San Jose Canaan Taiwanese Christian Foundation ($1.4m) and Bentleyville Tour of Lights Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.