St Annes School of Annapolis Incorporated

Analysis

St Annes School of Annapolis Incorporated is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, St Annes School of Annapolis Incorporated reported income of $8.8m and spending of $8.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $8.8m (+96%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Annes School of Annapolis Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Ka Hale a Ke Ola Homeless Resource Centers Inc ($8.8m), San Francisco Housing Development Corporation ($8.8m) and Special Olympics New Jersey Inc ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $276k (3.3% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $5.8m against liabilities of $5.8m, net assets of $16k. It reported 116 employees.