Satori Elementary School

Analysis

Satori Elementary School is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in June 2022, 4 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, Satori Elementary School reported income of $834k and spending of $499k, leaving 40% of income unspent that year. Across the 6 years on record, from June 2018 to June 2024, income grew from $357k to $834k (+133%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 159%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Satori Elementary School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Child Care Connections of Cleveland County Inc ($834k), Outreach Christian Education Ministries ($834k) and Escambia County Public Schools Foundation for Excellence Inc ($834k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $63k (13% of expenses). Other salaries and wages came to $213k. At year end it held assets of $412k against liabilities of $0, net assets of $412k. It reported 17 employees.