Virginia Maitland Sachs Foundation Inc

Analysis

Virginia Maitland Sachs Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2022, 4 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, Virginia Maitland Sachs Foundation Inc reported income of $51k and spending of $74k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $51k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Maitland Sachs Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include National Organization of Professional Black Natural ($51k), Misty Valley Mennonite School ($51k) and Home & School Association of Kinnelon High School ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,560 against liabilities of $0, net assets of $4,560.