Independent School of Winchester

Analysis

Independent School of Winchester is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in April 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, Independent School of Winchester reported income of $600k and spending of $590k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $513k to $600k (+17%), an average of +4.0% a year. 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, Independent School of Winchester sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Ursuline High School Endowment Fund ($600k), Komera Inc ($600k) and Hashevaynu Inc ($600k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Other salaries and wages came to $397k. At year end it held assets of $1.1m against liabilities of $727k, net assets of $342k. It reported 35 employees.