Schools for Salone

Analysis

Schools for Salone is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2008, 18 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, Schools for Salone reported income of $669k and spending of $669k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $669k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schools for Salone sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Learning Center Preschool of Evergreen Ltd ($669k), MDM Observatory Consortium Inc ($669k) and I Ams Temple Ministries ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $98k (15% of expenses). Other salaries and wages came to $55k. At year end it held assets of $517k against liabilities of $9,109, net assets of $508k. It reported 5 employees.