Seneca Classical Hybrid Academy

Analysis

Seneca Classical Hybrid Academy is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Seneca Classical Hybrid Academy reported income of $843k and spending of $814k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $383k to $843k (+120%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Seneca Classical Hybrid Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Community Youth Care Services Inc ($842k), Leander Youth League Inc ($843k) and Medards House ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Other salaries and wages came to $583k. At year end it held assets of $262k against liabilities of $18k, net assets of $244k. It reported 53 employees.