Sausalito Foundation

Analysis

Sausalito Foundation is a registered charity in United States, based in Sausalito, CA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sausalito Foundation reported income of $82k and spending of $44k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $82k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sausalito Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Ross Creek Housing Inc ($82k), Friends of the Ludlow Senior Center Inc ($82k) and SEND Hunger Packing Princeton Inc ($82k).

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 $101k against liabilities of $0, net assets of $101k.