Expedition School

Analysis

Expedition School is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in March 2016, 10 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 2024, Expedition School reported income of $5.3m and spending of $5.1m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.8m to $5.3m (+39%), an average of +6.8% a year. 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, Expedition School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Pinecrest Academy of Nevada Foundation ($5.3m), Southwest Virginia Community College Educational Foundation Inc ($5.3m) and Lindsay Lane Christian Academy ($5.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $13.5m against liabilities of $11.1m, net assets of $2.4m. It reported 81 employees.