Discovery School
Analysis
Discovery School is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in January 1976, 50 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, Discovery School reported income of $1.4m and spending of $1.5m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Academy of Environmental Sciences Inc ($1.4m), Williamsburg Neighborhood Nursery School ($1.4m) and University of California Student Association ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Other salaries and wages came to $863k. At year end it held assets of $1.6m against liabilities of $333k, net assets of $1.3m. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 74%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Academy of Environmental Sciences Inc | Crystal River | $1.4m |
| Williamsburg Neighborhood Nursery School | Brooklyn | $1.4m |
| University of California Student Association | Sacramento | $1.4m |
| Red Door Early Learning Center Inc | Center Valley | $1.4m |