University School

Analysis

University School is a registered charity in United States, based in Shaker HTS, OH. It received its IRS tax-exemption ruling in May 1927, 99 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, University School reported income of $54.8m and spending of $44.9m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.5m to $54.8m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University 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 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Creative Center of Los Altos ($54.8m), McMurry University ($55.0m) and Madonna University ($54.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $395k (0.9% of expenses). Other salaries and wages came to $17.0m. At year end it held assets of $206.6m against liabilities of $13.8m, net assets of $192.8m. It reported 458 employees.