The Grove School
Analysis
The Grove School is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in July 2008, 18 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, The Grove School reported income of $3.1m and spending of $3.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Grove School 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 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Accreditation Council for Business Schools and Programs ($3.1m), College Prep Elementary ($3.1m) and Alameda County Electrical Industry Apprenticeship & Training Trust ($3.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $138k (4.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.8m against liabilities of $87k, net assets of $1.7m. It reported 59 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 5.1%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Accreditation Council for Business Schools and Programs | Overland Park | $3.1m |
| College Prep Elementary | Saint Paul | $3.1m |
| Alameda County Electrical Industry Apprenticeship & Training Trust | San Leandro | $3.1m |
| David X Marks Foundation University Affairs | Los Angeles | $3.1m |