XCS Inc

Analysis

XCS Inc is a registered charity in United States, based in Xenia, OH. It received its IRS tax-exemption ruling in April 2016, 10 years ago. 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, XCS Inc reported income of $5.6m and spending of $4.6m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $5.6m (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, XCS Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Mountaintop Montessori ($5.6m), Nami New Hampshire ($5.6m) and Pennsylvania Chapter of the American Academy of Pediatrics ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $4.5m against liabilities of $1.4m, net assets of $3.1m. It reported 155 employees.