Exodus School

Analysis

Exodus School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1994, 32 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 August 2023, Exodus School reported income of $2.4m and spending of $3.3m, spending 141% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.4m to $2.4m (-1.7%), an average of -0.4% a year. The sharpest change came in the year to August 2023, when income dropped by 45%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Exodus School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Faith Evangelical Lutheran Seminary ($2.4m), Ave Maria Academy ($2.4m) and South Central Lutheran Association for Secondary Education Inc ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $467k (14% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $15.6m against liabilities of $78k, net assets of $15.5m. It reported 37 employees.