Sages Education and Research Foundation

Analysis

Sages Education and Research Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sages Education and Research Foundation reported income of $766k and spending of $1.1m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $766k (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sages Education and Research Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Foundation for the Advancement of Music & Education Inc ($766k), Code for Fun ($766k) and St Louis Blues Alumni Association ($766k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $14.6m against liabilities of $0, net assets of $14.6m.