Island Childrens School Inc

Analysis

Island Childrens School Inc is a registered charity in United States, based in West Tisbury, MA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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, Island Childrens School Inc reported income of $271k and spending of $320k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $247k to $271k (+10.0%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Island Childrens School Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Bullskin Township Volunteer Fire Company and Relief Association ($271k), Mission2alpha ($271k) and Heldeberg Workshop ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $210k. At year end it held assets of $216k against liabilities of $229k, net assets of -$13k. It reported 12 employees.