Whitfield School Inc

Analysis

Whitfield School Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 1969, 57 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 2024, Whitfield School Inc reported income of $14.4m and spending of $13.4m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $11.1m to $14.4m (+29%), an average of +5.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whitfield School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Fairhope Hospice & Palliative Care Inc ($14.4m), East Central University Foundation Inc ($14.4m) and The Urban League of Greater Atlanta Inc ($14.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $404k (3.0% of expenses). Other salaries and wages came to $6.1m. It paid $123k in professional fundraising fees. At year end it held assets of $32.1m against liabilities of $8.7m, net assets of $23.4m. It reported 156 employees.