Sant Bani School

Analysis

Sant Bani School is a registered charity in United States, based in Sanbornton, NH. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sant Bani School reported income of $3.8m and spending of $2.8m, leaving 27% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $3.8m (+114%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sant Bani School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include Sacramento Valley Conservancy ($3.8m), Northern Virginia Community College Educational Foundation Inc ($3.8m) and Girl Scouts of Greater Mississippi Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $192k (7.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $12.2m against liabilities of $111k, net assets of $12.1m. It reported 40 employees.