Segula

Analysis

Segula is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in October 1996, 30 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 June 2023, Segula reported income of $246k and spending of $203k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $546k to $246k (-55%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 52%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Segula sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Full Circle Academy Inc ($246k), Mo-Kan-Ne ($246k) and Nation of Patriots ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Other salaries and wages came to $149k. At year end it held assets of $429k against liabilities of $322, net assets of $428k. It reported 5 employees.