Wetherill School

Analysis

Wetherill School is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in March 1979, 47 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 June 2024, Wetherill School reported income of $764k and spending of $738k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $704k to $764k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wetherill School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Back-To-School Clothing Drive Association ($764k), Cooperating Ministry of Logan County ($764k) and Theatre Three Incorporated ($764k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 88% of the total. Other salaries and wages came to $521k. At year end it held assets of $1.8m against liabilities of $92k, net assets of $1.7m. It reported 16 employees.