Concept School

Analysis

Concept School is a registered charity in United States, based in Westtown, PA. It received its IRS tax-exemption ruling in November 1972, 54 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, Concept School reported income of $1.7m and spending of $1.4m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.7m (+67%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concept School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Arc of Cass County ($1.7m), Literacy New Jersey Inc ($1.7m) and Mission Gate Christian Center ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $144k (10% of expenses). Other salaries and wages came to $819k. At year end it held assets of $1.9m against liabilities of $177k, net assets of $1.7m. It reported 15 employees.