School of Economics

Analysis

School of Economics is a registered charity in United States, based in Blue Springs, MO. It received its IRS tax-exemption ruling in May 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, School of Economics reported income of $605k and spending of $814k, spending 135% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $494k to $605k (+22%), an average of +5.2% a year. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, School of Economics sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within MO. Charities of a similar size with the same main cause include Hiscec Foundation Inc ($605k), George Werden Buck Boys Club ($605k) and Ferndale Youth Assistance Committee ($605k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). Other salaries and wages came to $288k. At year end it held assets of $1.2m against liabilities of $2,190, net assets of $1.1m. It reported 15 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.