Topeka Collegiate School Inc

Analysis

Topeka Collegiate School Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in July 1981, 45 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 August 2023, Topeka Collegiate School Inc reported income of $4.6m and spending of $2.6m, leaving 43% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $2.2m to $4.6m (+110%), an average of +28% a year. The sharpest change came in the year to August 2022, when income rose by 108%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Topeka Collegiate School Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Columbus Montessori Education Center ($4.6m), Future Public School Inc ($4.6m) and Summit Leadership-High Desert ($4.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $136k (5.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $9.4m against liabilities of $1.5m, net assets of $7.9m. It reported 63 employees.