Sacramento Independent Learning Center Corporation
Analysis
Sacramento Independent Learning Center Corporation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2007, 19 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, Sacramento Independent Learning Center Corporation reported income of $72k and spending of $75k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $203k to $72k (-65%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 108% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sacramento Independent Learning Center Corporation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Washington Athletic Booster Club Inc ($72k), Paragon Team Parents Association Inc ($72k) and Kyrene de Los Lagos PTO Incorporated ($72k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.
Income and spending
Where the income comes from
- Contributions & grants 1.5%
- Program services 98%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washington Athletic Booster Club Inc | Washington | $72k |
| Paragon Team Parents Association Inc | Norwood | $72k |
| Kyrene de Los Lagos PTO Incorporated | Phoenix | $72k |
| Future Leaders Community Development Corporation Inc | Orlando | $72k |