Sycamore School

Analysis

Sycamore School is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 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 2024, Sycamore School reported income of $2.0m and spending of $2.1m, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.0m (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 20%. 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, Sycamore School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Torah Academy for Girls Shaarei Bina Inc ($2.0m), Hartford Art School Inc ($2.0m) and Suncoast Preparatory Academy ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $177k (8.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $886k against liabilities of $574k, net assets of $312k. It reported 34 employees.