Wye River Upper School Inc

Analysis

Wye River Upper School Inc is a registered charity in United States, based in Centreville, MD. It received its IRS tax-exemption ruling in October 2002, 24 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, Wye River Upper School Inc reported income of $2.0m and spending of $2.4m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $2.0m (-9.5%), an average of -2.5% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wye River Upper School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Montessori Training Center of Minnesota Inc ($2.0m), Phoenix School of Roseburg ($2.0m) and Capstone Christian Academy ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $5.9m against liabilities of $1.8m, net assets of $4.1m. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.