Sage Hill School

Analysis

Sage Hill School is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in September 1997, 29 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, Sage Hill School reported income of $29.7m and spending of $29.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.7m to $29.7m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sage Hill School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Echoing Green Inc ($29.7m), Floridians for Quality Virtual Education Inc ($29.8m) and Michigan Family Resources ($29.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.3m (4.4% of expenses). Other salaries and wages came to $12.4m. At year end it held assets of $128.1m against liabilities of $35.6m, net assets of $92.5m. It reported 195 employees.