Regents School of Charlottesville Inc

Analysis

Regents School of Charlottesville Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in February 2014, 12 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, Regents School of Charlottesville Inc reported income of $2.4m and spending of $2.2m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.4m (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regents School of Charlottesville 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 88th percentile within VA. Charities of a similar size with the same main cause include Island School ($2.4m), Strategic Management Society Inc ($2.4m) and Friends School Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $102k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $7.7m against liabilities of $3.9m, net assets of $3.8m. It reported 45 employees.