The Sequoyah Educational Center

Analysis

The Sequoyah Educational Center is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in March 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Sequoyah Educational Center reported income of $16.7m and spending of $13.3m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $16.7m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Sequoyah Educational Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Midstate Arc Inc ($16.7m), National Test Pilot School ($16.7m) and Princeton Homecare Services LLC ($16.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $487k (3.7% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $31.2m against liabilities of $17.8m, net assets of $13.4m. It reported 167 employees.