Our Sacred Academy Inc

Analysis

Our Sacred Academy Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in February 2020, 6 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, Our Sacred Academy Inc reported income of $635k and spending of $671k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $389k to $635k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Our Sacred Academy Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Nabor House Community ($635k), Chinese University of Hong Kong Foundation Inc ($635k) and Alhuda Academy Inc ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $151k (23% of expenses). Other salaries and wages came to $240k. At year end it held assets of $129k against liabilities of $42k, net assets of $87k. It reported 16 employees.