The Sage Center for Learning Inc

Analysis

The Sage Center for Learning Inc is a registered charity in United States, based in Foxboro, MA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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 June 2023, The Sage Center for Learning Inc reported income of $6.7m and spending of $6.0m, spending 90% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $5.2m to $6.7m (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Sage Center for Learning Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Association for Retarded Citizens in Harrison County WV Inc ($6.7m), At Home Care Incorporated ($6.7m) and National Association of College and University Attorneys ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $10.6m against liabilities of $4.2m, net assets of $6.4m. It reported 89 employees.