Seven Arrows Elementary School

Analysis

Seven Arrows Elementary School is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in August 2000, 26 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 2023, Seven Arrows Elementary School reported income of $10.4m and spending of $9.8m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.5m to $10.4m (+61%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seven Arrows Elementary School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Nysernetorg Inc ($10.4m), Colleyville Covenant Christian Academy ($10.4m) and Heights Philadelphia ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $744k (7.6% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $26.3m against liabilities of $18.0m, net assets of $8.2m. It reported 71 employees.