Synergy School

Analysis

Synergy School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1973, 53 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 August 2023, Synergy School reported income of $4.7m and spending of $4.9m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.5m to $4.7m (+4.7%), an average of +1.2% a year. The sharpest change came in the year to August 2021, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Synergy School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Fort Worth Academy for the Education of Children & Youth ($4.7m), New College Foundation Incorporated ($4.7m) and Liberty High School ($4.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $2.2m (46% of expenses). Other salaries and wages came to $704k. At year end it held assets of $16.2m against liabilities of $6.1m, net assets of $10.1m. It reported 64 employees.