The Sycamore School Inc

Analysis

The Sycamore School Inc is a registered charity in United States, based in Topanga, CA. It received its IRS tax-exemption ruling in June 2016, 10 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 June 2023, The Sycamore School Inc reported income of $995k and spending of $777k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income fell from $1.5m to $995k (-34%), an average of -9.8% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Sycamore School Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include LA Salle Educational Center Homestead Inc ($995k), Jordan Glen School and Summer Camp Inc ($996k) and Carnegie Literacy Center Inc ($995k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $276k (35% of expenses). Other salaries and wages came to $183k. At year end it held assets of $1.1m against liabilities of $11k, net assets of $1.0m. It reported 2 employees.