Inquiry Schools

Analysis

Inquiry Schools is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inquiry Schools reported income of $640k and spending of $592k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $474k to $640k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inquiry Schools 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 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Bradley Cleveland Public Education Foundation ($640k), Aim Now ($641k) and Stanley Preschool Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $114k (19% of expenses). Other salaries and wages came to $18k. At year end it held assets of $460k against liabilities of $0, net assets of $460k. It reported 2 employees.