Saddlerock Education Association a Nonprofit Corporation

Analysis

Saddlerock Education Association a Nonprofit Corporation is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in July 2014, 12 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, Saddlerock Education Association a Nonprofit Corporation reported income of $1.2m and spending of $1.2m, spending 107% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $397k to $1.2m (+190%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saddlerock Education Association a Nonprofit Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Lakeside Legacy Foundation ($1.2m), Usa-Canada Lions Leadership Forum ($1.2m) and Spoon River College Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (5.1% of expenses). Other salaries and wages came to $702k. At year end it held assets of $956k against liabilities of $1.0m, net assets of -$65k. It reported 39 employees.