Sojourner Truth School
Analysis
Sojourner Truth School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2019, 7 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 2023, Sojourner Truth School reported income of $6.0m and spending of $5.5m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $918k to $6.0m (+558%), an average of +87% a year. The sharpest change came in the year to June 2021, when income rose by 207%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sojourner Truth School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 82nd percentile within DC. Charities of a similar size with the same main cause include Houston Classical Inc ($6.0m), Asa Charter School ($6.0m) and Easton Country Day School Inc ($6.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $378k (6.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $5.4m against liabilities of $3.6m, net assets of $1.8m. It reported 57 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 88%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Houston Classical Inc | Houston | $6.0m |
| Asa Charter School | SN Bernrdno | $6.0m |
| Easton Country Day School Inc | Easton | $6.0m |
| Montessori Network | Chicago | $6.0m |