Spiritual Arts Institute

Analysis

Spiritual Arts Institute is a registered charity in United States, based in Sunland, CA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spiritual Arts Institute reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $697k to $1.0m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spiritual Arts Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Friends of the Jones Library System Inc ($1.0m), Garrett Community College Foundation Inc ($1.0m) and Leaders of Tomorrow After School Program ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $152k (14% of expenses). Other salaries and wages came to $197k. At year end it held assets of $769k against liabilities of $240k, net assets of $529k. It reported 10 employees.