The Ormewood School Inc

Analysis

The Ormewood School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 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 July 2023, The Ormewood School Inc reported income of $465k and spending of $495k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $399k to $465k (+17%), an average of +3.9% a year. The sharpest change came in the year to July 2022, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Ormewood School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Dekalb Library Foundation Inc ($465k), Holy Trinity Academy ($465k) and Tucson Community School Inc ($465k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $58k (12% of expenses). Other salaries and wages came to $297k. At year end it held assets of $229k against liabilities of $761, net assets of $228k. It reported 13 employees.