Savita Institute

Analysis

Savita Institute is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Savita Institute reported income of $387k and spending of $58k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $387k (+369%), an average of +369% a year. The sharpest change came in the year to December 2023, when income rose by 369%. Over the whole period it spent 12% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Savita Institute sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Here-S to Life Inc ($387k), Stomping Ground Comedy Theater and Training Center ($387k) and Arts and Healing Initiative ($387k).

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 $411k against liabilities of $0, net assets of $411k.