Greenhills School
Analysis
Greenhills School is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in July 1967, 59 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, Greenhills School reported income of $22.1m and spending of $21.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.0m to $22.1m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Greenhills School 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 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Scago Educational Facilities Corporation for Pickens School Dis ($22.0m), Renaissance Arts and Education Inc ($22.1m) and The Seed School of Maryland Inc ($22.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $745k (3.5% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $38.8m against liabilities of $11.2m, net assets of $27.6m. It reported 189 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.1%
- Program services 92%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Scago Educational Facilities Corporation for Pickens School Dis | Easley | $22.0m |
| Renaissance Arts and Education Inc | Palmetto | $22.1m |
| The Seed School of Maryland Inc | Baltimore | $22.0m |
| Academy of Math & Science Inc | Tempe | $22.1m |