Little Keswick Education Corporation

Analysis

Little Keswick Education Corporation is a registered charity in United States, based in Keswick, VA. It received its IRS tax-exemption ruling in March 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, Little Keswick Education Corporation reported income of $5.9m and spending of $5.8m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $6.8m to $5.9m (-13%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Keswick Education Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Virginia High School League ($5.9m), Fernleaf Community Charter School ($5.9m) and Arts in College Preparatory Academy ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $11.3m against liabilities of $4.8m, net assets of $6.5m. It reported 113 employees.