Georgetown School

Analysis

Georgetown School is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in September 2014, 12 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, Georgetown School reported income of $366k and spending of $352k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $375k to $366k (-2.5%), an average of -0.6% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgetown School sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include College of Idaho Second Century Fd-Tr a a Charitable Ed TR 112087 ($366k), Christ Our Savior Academy Inc ($366k) and Municipal Clerks Education Foundation of I I M C ($366k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $39k (11% of expenses). Other salaries and wages came to $177k. At year end it held assets of $14k against liabilities of $0, net assets of $14k. It reported 13 employees.