Radcliffe Creek School Inc
Analysis
Radcliffe Creek School Inc is a registered charity in United States, based in Chestertown, MD. It received its IRS tax-exemption ruling in August 1996, 30 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, Radcliffe Creek School Inc reported income of $2.4m and spending of $2.6m, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.3m to $2.4m (-27%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Radcliffe Creek School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Developments in Literacy Inc ($2.4m), Go for Great Schools Inc ($2.4m) and Seven Hills School ($2.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.2m against liabilities of $1.6m, net assets of $1.6m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 83%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Developments in Literacy Inc | Irvine | $2.4m |
| Go for Great Schools Inc | Tulsa | $2.4m |
| Seven Hills School | Richmond | $2.4m |
| Mission Kids | San Francisco | $2.4m |