City Seminary of Sacramento
Analysis
City Seminary of Sacramento is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2021, 5 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, City Seminary of Sacramento reported income of $111k and spending of $232k, spending 210% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $423k to $111k (-74%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 46% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, City Seminary of Sacramento sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Phi Beta Psi Sorority ($111k), American Pride Youth Football League ($111k) and Rochester Childrens Scholarship Fund Inc ($111k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Other salaries and wages came to $76k. At year end it held assets of $547k against liabilities of $2,850, net assets of $544k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.2%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Phi Beta Psi Sorority | London | $111k |
| American Pride Youth Football League | Manassas | $111k |
| Rochester Childrens Scholarship Fund Inc | Rochester | $111k |
| Good Neighbor Foundation | Franklin | $111k |