The Public School of Germantown

Analysis

The Public School of Germantown is a registered charity in United States, based in Ft Washington, PA. It received its IRS tax-exemption ruling in May 1937, 89 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, The Public School of Germantown reported income of $61.7m and spending of $52.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $51.3m to $61.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Public School of Germantown sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include The Endowment Fund of the Phi Kappa Psi Fraternity ($61.6m), Bay Path University ($61.7m) and Berkeley-Carroll Street School ($61.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $827k (1.6% of expenses). Other salaries and wages came to $22.4m. At year end it held assets of $181.4m against liabilities of $48.9m, net assets of $132.4m. It reported 618 employees.