Intergenerational School

Analysis

Intergenerational School is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1999, 27 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, Intergenerational School reported income of $3.6m and spending of $3.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.6m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Intergenerational School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Daycroft ($3.6m), Open Books Ltd ($3.6m) and Seacoast Christian Academy Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $44k (1.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.5m against liabilities of $4.4m, net assets of $110k. It reported 54 employees.