Babcock Neighborhood School Inc

Analysis

Babcock Neighborhood School Inc is a registered charity in United States, based in Babcock Ranch, FL. It received its IRS tax-exemption ruling in December 2017, 9 years ago. 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, Babcock Neighborhood School Inc reported income of $11.9m and spending of $11.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $11.9m (+254%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Babcock Neighborhood School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Mohawk Valley Health System ($11.8m), Southern Oklahoma Regional Disposal Inc ($11.9m) and North Country School Inc ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $33.5m against liabilities of $32.1m, net assets of $1.4m. It reported 100 employees.