Sapientia Education Association Inc

Analysis

Sapientia Education Association Inc is a registered charity in United States, based in LA Marque, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sapientia Education Association Inc reported income of $417k and spending of $183k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $643k to $417k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 383%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sapientia Education Association Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Pittsburgh Region International Student Ministries Inc ($417k), Mena Kdec Ministries ($417k) and Sonrise International Inc ($417k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,100. At year end it held assets of $1.8m against liabilities of $20k, net assets of $1.8m.