The Little Dolphin School Foundation

Analysis

The Little Dolphin School Foundation is a registered charity in United States, based in Freeport, ME. It received its IRS tax-exemption ruling in May 2006, 20 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 August 2023, The Little Dolphin School Foundation reported income of $3.7m and spending of $3.8m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $3.7m (+63%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 54%. 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, The Little Dolphin School Foundation 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 89th percentile within ME. Charities of a similar size with the same main cause include Circle Christian School Inc ($3.7m), Schoolhouse Connection ($3.7m) and Marco Island Charter Middle School ($3.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.9% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $85k (2.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $226k against liabilities of $636k, net assets of -$410k. It reported 120 employees.