Sacramento County Tobacco Securitization Corporation

Analysis

Sacramento County Tobacco Securitization Corporation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sacramento County Tobacco Securitization Corporation reported income of $13.1m and spending of $14.1m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $13.7m to $13.1m (-4.9%), an average of -1.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacramento County Tobacco Securitization Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Paraquad Inc ($13.1m), Lake Region Lutheran Home Incorporated ($13.1m) and Raymond and Ruth Perelman Jewish Day School ($13.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $164.1m against liabilities of $157.4m, net assets of $6.7m.