Discovery High School Inc

Analysis

Discovery High School Inc is a registered charity in United States, based in Lake Alfred, FL. It received its IRS tax-exemption ruling in August 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 2023, Discovery High School Inc reported income of $8.8m and spending of $9.2m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $8.8m (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery High School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include McIntosh Trail E C D C ($8.8m), Founders Academy of Las Vegas ($8.8m) and Pineapple Cove Classical Academy at West Melbourne ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 92% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $26.9m against liabilities of $28.4m, net assets of -$1.5m.

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.