San Francisco Elite Academy

Analysis

San Francisco Elite Academy is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Francisco Elite Academy reported income of $1.8m and spending of $2.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.8m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, San Francisco Elite Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Los Ninos Primero Inc ($1.8m), Careervisions Ny Inc ($1.8m) and Mobile Hope Association ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $98k (4.8% of expenses). Other salaries and wages came to $990k. At year end it held assets of $897k against liabilities of $191, net assets of $897k. It reported 52 employees.