Sasamani Foundation Inc

Analysis

Sasamani Foundation Inc is a registered charity in United States, based in Old Mystic, CT. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sasamani Foundation Inc reported income of $240k and spending of $254k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $218k to $240k (+10%), an average of +4.9% a year. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sasamani Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Reach India Inc ($240k), Kito Impact Foundation ($240k) and Arms of Care International Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $103k against liabilities of $31k, net assets of $73k.