EIN 20-2036621

Saranam LLC

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
2004
Most recent tax filings
2025-12-01
Description
Saranam LLC transforms the lives of homeless families by empowering them to end their homelessness and poverty through housing, education, and supportive communities. After 19 years in operation, Saranam has provided families with safe housing, practical life-skills instruction, a supportive community, and a pathway to self-sufficiency through education. Additionally, 77% of families have successfully exited the program.
Total revenues
$3,975,388
2025
Total expenses
$2,512,093
2025
Total assets
$15,449,140
2025
Num. employees
22
2025

Program areas at Saranam LLC

During 2025, Saranam continued its mission of ending homelessness and poverty for families through housing, education, and supportive community. After 22 years of service, Saranam remains committed to its two- generational approach, helping both parents and children build the skills, education, and stability necessary for long-term self-sufficiency. A significant milestone in 2025 was the expansion of services through the continued occupancy of the adc family campus. With the opening of the remaining residential units on the campus, Saranam increased its capacity to serve 43 families simultaneously across its two campuses, representing 134 individuals, including 45 parents and 89 children. This expansion more than doubled the organization's long-term service capacity and marked a major step forward in meeting the growing need for family housing and educational support in albuquerque. Throughout the year, Saranam welcomed 20 new families into the program and celebrated the successful graduation of 9 out of 10 families exiting the program. Since its founding in 2004, Saranam has served 211 families and continues to demonstrate strong outcomes, with 77% of participating families successfully exiting into safe, stable, and permanent housing while achieving multiple measures of self-sufficiency. Education remains a cornerstone of Saranam's model. In 2025, 22 participants were enrolled in post-secondary education and training programs. Program participants achieved a range of educational milestones, including ged completion, professional certifications in healthcare and skilled trades, an associate degree in nursing, and professional licensure in both nursing and welding. These accomplishments continue to demonstrate the effectiveness of Saranam's emphasis on education as a pathway out of poverty. Saranam also strengthened its commitment to long-term family stability through its alumni programming. The organization maintained relationships with 97 alumni families and continued investing in asset-building opportunities. During 2025, ten alumni participated in individual development accounts with matched savings opportunities, while 87 children benefited from child savings accounts dedicated to future post-secondary education. Long-term outcome data remains encouraging, with 76% of former participant families still connected to Saranam and 87% of successful graduates remaining stable one year or more after program completion. Community engagement remained a vital component of organizational success. During 2025, 1,879 volunteers contributed 9,718 hours of service, supporting programming, campus operations, family activities, and community-building efforts. Saranam continued to invest in organizational effectiveness and evaluation. In partnership with the university of new mexico evaluation lab, the organization completed its sixth year of evaluation work, advancing the development and validation of a new survey tool designed to measure community connectedness, resilience, housing stability, and economic well- being before and after participation in the program. This work strengthens Saranam's ability to measure impact, guide future growth, and support replication of its model. The organization's impact extends beyond individual families to the broader community. Based on prior economic analysis, the annual public cost of family homelessness significantly exceeds the cost of providing comprehensive services through Saranam. By serving 43 families in 2025, Saranam generated an estimated community cost savings of more than 2.3 million while helping families achieve lasting stability and economic mobility. Overall, 2025 was a year of significant growth, expanded capacity, strong family outcomes, educational achievement, and continued investment in long-term organizational effectiveness. These accomplishments position Saranam to serve more families, deepen its impact, and advance its mission of ending homelessness and poverty for future generations.

Who funds Saranam LLC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$810,500
For GoodUnrestricted$115,240
Corio FoundationGeneral Operations$100,000
...and 14 more grants received

Financials for Saranam LLC

RevenuesFYE 12/2025
Total grants, contributions, etc.$3,928,511
Program services$0
Investment income and dividends$46,877
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,975,388

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Data update history
August 5, 2026
Posted financials
Added Form 990 for fiscal year 2025
July 26, 2026
Updated personnel
Identified 1 new personnel
June 20, 2026
Received grants
Identified 1 new grant, including a grant for $4,000 from Feller Family Charitable Foundation Trust
April 21, 2026
Received grants
Identified 10 new grant, including a grant for $100,000 from Corio Foundation
January 10, 2026
Received grants
Identified 1 new grant, including a grant for $2,500 from Arnia Foundation
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousingHomelessness
Characteristics
Legally formed as other entityState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1028 Eubank Blvd Ne Suite F
Albuquerque, NM 87112
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
saranamabq.org/ 
Phone
(505) 299-6154
IRS details
EIN
20-2036621
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L41: Homeless, Temporary Shelter
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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