Grayson School

Analysis

Grayson School is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Grayson School reported income of $8.1m and spending of $8.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $8.1m (+211%), an average of +33% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grayson School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Greenwood Christian Academy Inc ($8.1m), Grauer Foundation for Education ($8.1m) and Hayward Twin Oaks Montessori School ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $395k (4.9% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $4.5m against liabilities of $2.7m, net assets of $1.8m. It reported 69 employees.