The Lab School

Analysis

The Lab School is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2006, 20 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 July 2023, The Lab School reported income of $385k and spending of $379k, spending 98% of its income. Across the 5 years on record, from August 2019 to July 2023, income grew from $325k to $385k (+18%), an average of +4.3% a year. The sharpest change came in the year to July 2021, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Lab School sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Discovery Montessori Early Learning Center Inc ($385k), St Johns Early Learning Center Inc ($385k) and E320 Project ($385k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $68k (18% of expenses). Other salaries and wages came to $195k. At year end it held assets of $641k against liabilities of $0, net assets of $641k. It reported 24 employees.