Spanish American Basic Education and Rehabilitation Inc Saber

Analysis

Spanish American Basic Education and Rehabilitation Inc Saber is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Spanish American Basic Education and Rehabilitation Inc Saber reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spanish American Basic Education and Rehabilitation Inc Saber sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Boosters for Families ($4.7m), Menlo Charter Properties ($4.7m) and Emmanuel Christian Academy Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $1.4m against liabilities of $884k, net assets of $506k. It reported 27 employees.