Pendle Hill School

Analysis

Pendle Hill School is a registered charity in United States, based in Wallingford, PA. It received its IRS tax-exemption ruling in May 1938, 88 years ago. 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, Pendle Hill School reported income of $2.9m and spending of $3.0m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.5m to $2.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to August 2022, when income rose by 94%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pendle Hill School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Dade Heritage Trust Inc ($2.9m), Childrens Community School Inc ($2.9m) and The Albert Baker Fund ($2.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $114k (3.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $14.5m against liabilities of $1.1m, net assets of $13.4m. It reported 47 employees.