Salvaging Teens at Risk Inc

Analysis

Salvaging Teens at Risk Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in March 2000, 26 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 August 2024, Salvaging Teens at Risk Inc reported income of $10.1m and spending of $8.2m, spending 81% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $5.6m to $10.1m (+81%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 24%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salvaging Teens at Risk Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Loudoun Country Day School Inc ($10.1m), University High School of Indiana Inc ($10.1m) and Yellow Breeches Educational Center ($10.1m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 102% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $161k (2.0% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $23.8m against liabilities of $3.8m, net assets of $20.1m. It reported 124 employees.