Scy High Tech Inc

Analysis

Scy High Tech Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 2006, 20 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, Scy High Tech Inc reported income of $1.3m and spending of $904k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $793k to $1.3m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scy High Tech Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Worldclass Schools of Leon County Inc ($1.3m), Urban Ed Academy ($1.3m) and Iurban Teen ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Other salaries and wages came to $604k. At year end it held assets of $639k against liabilities of $4,652, net assets of $635k. It reported 23 employees.