Epiphany School

Analysis

Epiphany School is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in May 2008, 18 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, Epiphany School reported income of $6.4m and spending of $6.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $6.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Epiphany School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Stars Education Services Inc ($6.4m), Heritage Academy Inc ($6.4m) and Montana School Boards Association ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $207k (3.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $15.4m against liabilities of $3.1m, net assets of $12.3m. It reported 124 employees.