The Association of Independent Schools of Greater Washington

Analysis

The Association of Independent Schools of Greater Washington is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Association of Independent Schools of Greater Washington reported income of $951k and spending of $879k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $818k to $951k (+16%), an average of +3.8% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Association of Independent Schools of Greater Washington sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Boston Building Material Coop Charitable & Educational Fund Inc ($951k), Family Support Network ($951k) and Chicago Trail Village Inc ($951k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $330k (38% of expenses). Other salaries and wages came to $121k. At year end it held assets of $1.1m against liabilities of $32k, net assets of $1.1m. It reported 3 employees.