Sai Sagar International Foundation Inc

Analysis

Sai Sagar International Foundation Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Sagar International Foundation Inc reported income of $253k and spending of $259k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $253k (+285%), an average of +285% a year. The sharpest change came in the year to December 2023, when income rose by 285%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sai Sagar International Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Esteban Toledo Family Foundation ($253k), Massachusetts State Council Knights of Columbus Charitable Foundation ($253k) and Fairview School Foundation ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.