Shawnigan Lake School

Analysis

Shawnigan Lake School is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in November 1962, 64 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending June 2024, Shawnigan Lake School reported income of $46.8m and spending of $56.7m, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $32.8m to $46.8m (+43%), an average of +9.3% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shawnigan Lake School sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Council of State Governments ($46.7m), New America Foundation ($46.8m) and United Cerebral Palsy of Cental Pennsylvania Inc ($46.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $20.9m. At year end it held assets of $14.4m against liabilities of $24.3m, net assets of -$9.9m.