Sandia School
Analysis
Sandia School is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1967, 59 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 July 2023, Sandia School reported income of $15.2m and spending of $15.1m, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $14.2m to $15.2m (+7.3%), an average of +2.4% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sandia School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within NM. Charities of a similar size with the same main cause include Dallas International School ($15.2m), Educare of Omaha Inc ($15.2m) and Lyndon Institute ($15.2m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 4.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $434k (2.9% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $27.0m against liabilities of $8.8m, net assets of $18.2m. It reported 266 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.5%
- Program services 90%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dallas International School | Dallas | $15.2m |
| Educare of Omaha Inc | Omaha | $15.2m |
| Lyndon Institute | Lyndon Center | $15.2m |
| LA Salle School Inc | Albany | $15.2m |