Sage Collegiate PCS

Analysis

Sage Collegiate PCS is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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, Sage Collegiate PCS reported income of $2.2m and spending of $4.0m, spending 178% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $379k to $2.2m (+489%), an average of +489% a year. The sharpest change came in the year to June 2023, when income rose by 489%. Over the whole period it spent 166% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sage Collegiate PCS sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NV. Charities of a similar size with the same main cause include St Johns Episcopal School of Odessa ($2.2m), Associated School Boards of South Dakota ($2.2m) and Bulverde Area Humane Society ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $134k (3.4% of expenses). Other salaries and wages came to $836k. At year end it held assets of $38.6m against liabilities of $40.3m, net assets of -$1.7m. It reported 20 employees.