Sycamore Community School

Analysis

Sycamore Community School is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in March 2022, 4 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, Sycamore Community School reported income of $2.2m and spending of $1.8m, spending 83% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $59k to $2.2m (+3593%), an average of +233% a year. The sharpest change came in the year to June 2022, when income rose by 1274%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sycamore Community School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Safe Haven School Inc ($2.2m), Providence Classical School Incorporated ($2.2m) and The Mariposa School ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $113k (6.2% of expenses). Other salaries and wages came to $735k. At year end it held assets of $505k against liabilities of $34k, net assets of $470k. It reported 15 employees.