Indian Creek School Incorporated
Analysis
Indian Creek School Incorporated is a registered charity in United States, based in Crownsville, MD. It received its IRS tax-exemption ruling in August 1973, 53 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, Indian Creek School Incorporated reported income of $20.1m and spending of $18.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.9m to $20.1m (+12%), an average of +2.8% a year. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Indian Creek School Incorporated 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 96th percentile within MD. Charities of a similar size with the same main cause include Cibecue Community Education Board I NC ($20.1m), Friends of Mosdot Goor Inc ($20.1m) and Episcopal Collegiate School ($20.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $393k (2.1% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $32.5m against liabilities of $17.3m, net assets of $15.2m. It reported 201 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 84%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cibecue Community Education Board I NC | Cibecue | $20.1m |
| Friends of Mosdot Goor Inc | Brooklyn | $20.1m |
| Episcopal Collegiate School | Little Rock | $20.1m |
| North Carolina Central University Foundation Inc | Durham | $20.1m |