Wellington School

Analysis

Wellington School is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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, Wellington School reported income of $24.4m and spending of $21.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.1m to $24.4m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wellington School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Cumberland Academy ($24.3m), Nysarc Inc ($24.4m) and Maria Regina Residence Inc ($24.3m).

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 $499k (2.3% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $43.6m against liabilities of $12.8m, net assets of $30.8m. It reported 263 employees.