Trade School at Sbe Inc

Analysis

Trade School at Sbe Inc is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Trade School at Sbe Inc reported income of $224k and spending of $265k, spending 118% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $250k to $224k (-11%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trade School at Sbe Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Iacc - Americas Learning Program Inc ($224k), Horses of Hope Riding Center ($224k) and Tennessee Grocers Education Foundation ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $64k (24% of expenses). Other salaries and wages came to $48k. At year end it held assets of $103k against liabilities of $213k, net assets of -$109k. It reported 5 employees.