Irvington Community School Inc

Analysis

Irvington Community School Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2002, 24 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, Irvington Community School Inc reported income of $12.5m and spending of $12.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $12.5m (+58%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Irvington Community School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Universal Audenried Charter School ($12.5m), Beyond 12 Education Inc ($12.5m) and Wakefield School Inc ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $227k (1.8% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $12.3m against liabilities of $10.5m, net assets of $1.7m. It reported 164 employees.