Terra Verde Discovery School Inc

Analysis

Terra Verde Discovery School Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in March 2012, 14 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 July 2023, Terra Verde Discovery School Inc reported income of $3.4m and spending of $3.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to July 2023, income grew from $1.8m to $3.4m (+93%), an average of +18% a year. The sharpest change came in the year to July 2023, when income rose by 176%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Terra Verde Discovery School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Lenoir-Greene County Partnership for Children ($3.4m), The Edible Schoolyard Project ($3.4m) and Rhode Island College Foundation ($3.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $234k (7.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $266k against liabilities of $22k, net assets of $244k. It reported 68 employees.