Shalom School

Analysis

Shalom School is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, Shalom School reported income of $3.5m and spending of $3.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.5m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shalom School 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 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Ahp Specialty Care NFP ($3.5m), Montessori Academy of Arlington Inc ($3.5m) and South Carolina Acceleration Adacemies ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $119k (3.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.3m against liabilities of $1.4m, net assets of $1.9m. It reported 84 employees.