The Benedictine School for Exceptional Children Inc
Analysis
The Benedictine School for Exceptional Children Inc is a registered charity in United States, based in Ridgely, MD. It received its IRS tax-exemption ruling in May 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, The Benedictine School for Exceptional Children Inc reported income of $26.4m and spending of $25.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.5m to $26.4m (+3.7%), an average of +0.9% a year. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Benedictine School for Exceptional Children Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include North Carolina Learns Inc ($26.4m), National Association of Secondary -School Principals ($26.5m) and Ivey Business School Foundation ($26.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $340k (1.3% of expenses). Other salaries and wages came to $16.7m. At year end it held assets of $16.9m against liabilities of $11.0m, net assets of $5.9m. It reported 446 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.3%
- Program services 94%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Carolina Learns Inc | Durham | $26.4m |
| National Association of Secondary -School Principals | Reston | $26.5m |
| Ivey Business School Foundation | Canada | $26.4m |
| Baldwin School | Bryn Mawr | $26.5m |