St Sava Academy

Analysis

St Sava Academy is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2011, 15 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 June 2023, St Sava Academy reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $759k to $1.2m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Sava Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Dedicated to Learning Inc ($1.2m), Jewish Parent Cooperative School Inc ($1.2m) and North Shore Montessori School Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 89% of the total. Other salaries and wages came to $721k. At year end it held assets of $722k against liabilities of $6,650, net assets of $716k. It reported 28 employees.