St Elizabeths School

Analysis

St Elizabeths School is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2003, 23 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, St Elizabeths School reported income of $2.8m and spending of $4.1m, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $2.8m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 108%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Elizabeths School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include California Southern Small Business Development Corporation ($2.8m), Coulee Region Christian School Association Inc ($2.8m) and St George Academy ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $146k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $10.3m against liabilities of $6.7m, net assets of $3.6m. It reported 64 employees.