Sager Classical Academy Corporation
Analysis
Sager Classical Academy Corporation is a registered charity in United States, based in Siloam SPGS, AR. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Sager Classical Academy Corporation reported income of $920k and spending of $837k, spending 91% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $615k to $920k (+50%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 77% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sager Classical Academy Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within AR. Charities of a similar size with the same main cause include Thrive Baton Rouge ($920k), Paideia School of Tampa Bay Inc ($920k) and Peer Academy ($920k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Other salaries and wages came to $600k. At year end it held assets of $541k against liabilities of $9,101, net assets of $532k. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 66%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thrive Baton Rouge | Baton Rouge | $920k |
| Paideia School of Tampa Bay Inc | Tampa | $920k |
| Peer Academy | Knoxville | $920k |
| Panacea Prep Charter School Inc | Coral Springs | $921k |