Sac Arts Education

Analysis

Sac Arts Education is a registered charity in United States, based in Citrus HTS, CA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sac Arts Education reported income of $314k and spending of $319k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $279k to $314k (+13%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sac Arts Education sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include KCBS Advance Academy Inc ($314k), Christian Faith Academy ($314k) and Six Forty Corp ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $45k (14% of expenses). Other salaries and wages came to $133k. At year end it held assets of $68k against liabilities of $0, net assets of $68k. It reported 21 employees.