Sanford School Inc

Analysis

Sanford School Inc is a registered charity in United States, based in Hockessin, DE. It received its IRS tax-exemption ruling in August 1935, 91 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 2024, Sanford School Inc reported income of $23.0m and spending of $21.0m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $18.0m to $23.0m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sanford School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within DE. Charities of a similar size with the same main cause include Lemnis ($23.0m), University of Louisiana at Lafayette Foundation ($23.0m) and Empire Springs Charter School ($22.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $448k (2.1% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $35.0m against liabilities of $4.1m, net assets of $30.9m. It reported 282 employees.