Sa Life Academy Inc

Analysis

Sa Life Academy Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2008, 18 years ago. 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, Sa Life Academy Inc reported income of $1.7m and spending of $1.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $658k to $1.7m (+153%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sa Life Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Scripture Union ($1.7m), Forsyth Economic Ventures Inc ($1.7m) and Community Spirit Homes Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $611k (52% of expenses). At year end it held assets of $1.4m against liabilities of $37k, net assets of $1.4m. It reported 16 employees.