Thomas Maclaren School

Analysis

Thomas Maclaren School is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2009, 17 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 2024, Thomas Maclaren School reported income of $13.1m and spending of $13.2m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.5m to $13.1m (+54%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thomas Maclaren School 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 97th percentile within CO. Charities of a similar size with the same main cause include American Cooperative School of Tunis Acst Association ($13.1m), Omar D Blair an Edison K-8 Charter ($13.1m) and Pineywoods Community Academy ($13.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $141k (1.1% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $11.8m against liabilities of $16.8m, net assets of -$5.1m. It reported 233 employees.