Avalon School Inc
Analysis
Avalon School Inc is a registered charity in United States, based in Wheaton, MD. It received its IRS tax-exemption ruling in June 2013, 13 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, Avalon School Inc reported income of $2.3m and spending of $2.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.3m (+5.7%), an average of +1.4% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Avalon School Inc 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 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Cardinal Community Academy ($2.3m), North Central Illinois Finishing Trades Institute ($2.3m) and The Farm Collaborative ($2.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $227k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $1.6m, net assets of -$421k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 84%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cardinal Community Academy | Keenesburg | $2.3m |
| North Central Illinois Finishing Trades Institute | Aurora | $2.3m |
| The Farm Collaborative | Woody Creek | $2.3m |
| The Lippman School | Akron | $2.3m |