Discovery Schoolhouse Inc

Analysis

Discovery Schoolhouse Inc is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in April 1994, 32 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, Discovery Schoolhouse Inc reported income of $932k and spending of $802k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $382k to $932k (+144%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 55%. 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, Discovery Schoolhouse Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Historic Northampton Inc ($932k), Youth for Christ USA Inc ($932k) and Being Alive People with AIDS Action Coalition Inc ($932k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $98k (12% of expenses). Other salaries and wages came to $486k. At year end it held assets of $464k against liabilities of $5,927, net assets of $458k. It reported 24 employees.