Language Academy of Sacramento

Analysis

Language Academy of Sacramento is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 2004, 22 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 June 2023, Language Academy of Sacramento reported income of $9.6m and spending of $8.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.6m to $9.6m (+27%), an average of +6.1% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Language Academy of Sacramento sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include East Bay Montessori ($9.6m), Arkansas Tech University Foundation ($9.6m) and Los Alamos National Laboratory Foundation ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (1.6% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $18.7m against liabilities of $5.8m, net assets of $12.9m. It reported 113 employees.