Wolf School Inc

Analysis

Wolf School Inc is a registered charity in United States, based in Rumford, RI. It received its IRS tax-exemption ruling in November 1999, 27 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 2024, Wolf School Inc reported income of $7.3m and spending of $4.7m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $7.3m (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 37%. 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, Wolf School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within RI. Charities of a similar size with the same main cause include Alliance Community Schools Inc ($7.3m), Rocky Mount Academy ($7.3m) and Puente Learning Center ($7.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $263k (5.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $14.7m against liabilities of $1.1m, net assets of $13.6m. It reported 70 employees.