Sam Academy

Analysis

Sam Academy is a registered charity in United States, based in Sanger, CA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sam Academy reported income of $301k and spending of $316k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $295k to $301k (+1.9%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sam Academy sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Carolina Forest All Sports Booster Club Inc ($301k), Lanier Library Assn Inc ($301k) and Lift Eastbrook Afterschool Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $86k (27% of expenses). Other salaries and wages came to $85k. At year end it held assets of $25k against liabilities of $0, net assets of $25k. It reported 24 employees.