The Schilling School for Gifted Children Inc

Analysis

The Schilling School for Gifted Children Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 1996, 30 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, The Schilling School for Gifted Children Inc reported income of $1.0m and spending of $870k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $730k to $1.0m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Schilling School for Gifted Children Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Life Science Washington Institute ($1.0m), The Education Foundation of Alachua County Inc ($1.0m) and Damariscotta Montessori School II ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.4% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $133k (15% of expenses). Other salaries and wages came to $391k. At year end it held assets of $1.6m against liabilities of $62k, net assets of $1.5m. It reported 25 employees.