Sefaradic Gan Inc

Analysis

Sefaradic Gan Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 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 July 2023, Sefaradic Gan Inc reported income of $5.9m and spending of $6.0m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.5m to $5.9m (+68%), an average of +14% a year. The sharpest change came in the year to July 2021, when income rose by 121%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sefaradic Gan Inc 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 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include School Empowerment Network Inc ($5.9m), Valley Arts Academy Inc ($5.9m) and Young Womens Preparatory Network ($5.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 34% and program service revenue 55% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $6.6m against liabilities of $4.4m, net assets of $2.3m.