School for Esoteric Studies Inc

Analysis

School for Esoteric Studies Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in November 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, School for Esoteric Studies Inc reported income of $88k and spending of $107k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $93k to $88k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School for Esoteric Studies Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Ridge 2 River Animal Haven ($88k), California Fraternal Order of Police Foundation ($88k) and Chinese American Youth Community Leadership Institute ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Compensation of current officers, directors and key employees was $30k (28% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.3m against liabilities of $208, net assets of $1.3m. It reported 2 employees.