Ilan High School Inc

Analysis

Ilan High School Inc is a registered charity in United States, based in Ocean, NJ. It received its IRS tax-exemption ruling in August 1996, 30 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, Ilan High School Inc reported income of $5.6m and spending of $5.2m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.1m to $5.6m (+36%), an average of +8.0% a year. The sharpest change came in the year to August 2021, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ilan High School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Covenant Foundation ($5.6m), Alexander Leigh Center for Autism ($5.6m) and City Center for Collaborative Learning ($5.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $177k (3.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.2m against liabilities of $1.3m, net assets of $6.9m. It reported 81 employees.