The Tidewater School Inc

Analysis

The Tidewater School Inc is a registered charity in United States, based in Huntingtown, MD. It received its IRS tax-exemption ruling in February 1997, 29 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 Tidewater School Inc reported income of $839k and spending of $688k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $481k to $839k (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Tidewater School Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Onward Learning ($839k), Pawnee Nation College ($839k) and Blue Ribbon Schools of Excelence Inc ($839k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $80k (12% of expenses). Other salaries and wages came to $372k. At year end it held assets of $837k against liabilities of $77k, net assets of $760k. It reported 12 employees.