Sachen Foundation

Analysis

Sachen Foundation is a registered charity in United States, based in Wayzata, MN. It received its IRS tax-exemption ruling in May 1999, 27 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, Sachen Foundation reported income of $96k and spending of $160k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $96k (-95%), an average of -53% a year. The sharpest change came in the year to December 2020, when income dropped by 92%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sachen Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Hindu Temple and Community Center of Michaian HTCCM Incorporated ($96k), Hero Revolution Inc ($96k) and Christ for All Nations ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $2.6m against liabilities of $32k, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.