Sage Ridge School

Analysis

Sage Ridge School is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 1997, 29 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 June 2024, Sage Ridge School reported income of $6.0m and spending of $5.5m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.0m to $6.0m (+21%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sage Ridge School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include King Center Charter School ($6.0m), Empower Schools Inc ($6.0m) and Willard Library ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $224k (4.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $18.4m against liabilities of $1.7m, net assets of $16.7m. It reported 91 employees.