Concord Hill School

Analysis

Concord Hill School is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in November 1965, 61 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, Concord Hill School reported income of $4.1m and spending of $4.0m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.7m to $4.1m (+11%), an average of +3.7% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concord Hill School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Local Union 164 Electrical Joint Apprenticeship and Training Trust ($4.1m), United Preparatory Academy Inc ($4.1m) and Kentucky Community & Technical College System Foundation Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $191k (4.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $6.9m against liabilities of $1.7m, net assets of $5.2m. It reported 40 employees.