Signature School Inc
Analysis
Signature School Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in April 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 December 2023, Signature School Inc reported income of $3.9m and spending of $4.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $3.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Signature School Inc 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 91st percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Tri-County Scholarship Fund ($3.9m), Massrobotics Inc ($3.9m) and Royal Palm Charter School ($3.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $204k (4.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $1.2m against liabilities of $383, net assets of $1.2m. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.7%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tri-County Scholarship Fund | Mendham | $3.9m |
| Massrobotics Inc | Boston | $3.9m |
| Royal Palm Charter School | Palm Bay | $3.9m |
| Read USA Inc | Atlantic BCH | $3.9m |