Wilberforce School Inc

Analysis

Wilberforce School Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 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 June 2023, Wilberforce School Inc reported income of $9.0m and spending of $9.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $9.0m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wilberforce School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Distributive Education Clubs of America ($9.0m), School of Arts and Sciences Foundation Inc ($9.0m) and Ethical Community Charter School ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $215k (2.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $25.7m against liabilities of $21.2m, net assets of $4.6m. It reported 99 employees.