Holton-Arms School Inc

Analysis

Holton-Arms School Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in March 1934, 92 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, Holton-Arms School Inc reported income of $46.1m and spending of $41.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.6m to $46.1m (+16%), an average of +3.9% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holton-Arms School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Oakwood School ($46.0m), Mary Institute and Saint Louis Country Day School ($46.1m) and Huntington University Inc ($46.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.9m (4.4% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $137.2m against liabilities of $54.5m, net assets of $82.8m. It reported 478 employees.