Saw Endowment Foundation

Analysis

Saw Endowment Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saw Endowment Foundation reported income of $461k and spending of $13k, leaving 97% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.0m to $461k (-77%), an average of -52% a year. The sharpest change came in the year to December 2023, when income rose by 54307%. Over the whole period it spent 0.5% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saw Endowment Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Hungry Souls Inc ($461k), Mediapolis Childcare and Preschool Inc ($461k) and Mom Center ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.