Sequitur Classical Academy

Analysis

Sequitur Classical Academy is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in May 2015, 11 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 July 2023, Sequitur Classical Academy reported income of $533k and spending of $562k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $534k to $533k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to July 2023, when income dropped by 24%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sequitur Classical Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Casper Christian School ($532k), Canyon Eagle Booster Club ($533k) and Mas Is More PTO Inc ($532k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $424k. At year end it held assets of $675k against liabilities of $557k, net assets of $118k. It reported 25 employees.