Shepard School Inc

Analysis

Shepard School Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in July 1993, 33 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, Shepard School Inc reported income of $4.7m and spending of $4.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $4.7m (+9.6%), an average of +2.3% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepard School Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Sunshine High School - Orlando Campus Inc ($4.7m), Iperc Academy ($4.7m) and Careerwise New York Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $171k (3.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $1.2m against liabilities of $515k, net assets of $677k. It reported 72 employees.