Independent Schools Association of the Southwest

Analysis

Independent Schools Association of the Southwest is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Independent Schools Association of the Southwest reported income of $1.4m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Independent Schools Association of the Southwest sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Still Waters Learning Center Inc ($1.4m), B Wright Leadership Academy Inc ($1.4m) and 12 Plus ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $336k (25% of expenses). Other salaries and wages came to $285k. At year end it held assets of $2.2m against liabilities of $521k, net assets of $1.7m. It reported 7 employees.