Banyan High School

Analysis

Banyan High School is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2003, 23 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, Banyan High School reported income of $1.4m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Banyan High 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 Bridge School ($1.4m), Culpeper Christian School Inc ($1.4m) and San Angelo Christian Academy ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $3,409 (0.3% of expenses). At year end it held assets of $385k against liabilities of $980k, net assets of -$594k.