Journey School

Analysis

Journey School is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in May 2015, 11 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 2023, Journey School reported income of $337k and spending of $340k, spending 101% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $359k to $337k (-6.4%), an average of -2.2% a year. The sharpest change came in the year to June 2023, when income rose by 37%. 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, Journey School sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Chappaqua Childrens Workshop Inc ($337k), New York State School Counselors Educational Foundation Inc ($337k) and Institute of Classical Architecture and Art Inc ($337k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $178k (52% of expenses). Other salaries and wages came to $40k. At year end it held assets of $178k against liabilities of $41k, net assets of $137k. It reported 5 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.