Shipley School

Analysis

Shipley School is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in October 1946, 80 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, Shipley School reported income of $38.3m and spending of $39.2m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $36.4m to $38.3m (+5.2%), an average of +1.7% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shipley School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Ccres ($38.3m), Southern Illinois University Foundation ($38.4m) and King University ($38.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $982k (2.5% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $101.4m against liabilities of $24.6m, net assets of $76.8m. It reported 323 employees.