Blue Ridge School Incorporated
Analysis
Blue Ridge School Incorporated is a registered charity in United States, based in St George, VA. It received its IRS tax-exemption ruling in July 1949, 77 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 May 2023, Blue Ridge School Incorporated reported income of $16.7m and spending of $15.6m, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $13.1m to $16.7m (+28%), an average of +6.4% a year. The sharpest change came in the year to May 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Ridge School 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 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Bold City Education Inc ($16.7m), Pataula Charter Academy Inc ($16.7m) and Riverhead Charter School ($16.7m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 25% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $377k (2.4% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $36.5m against liabilities of $4.9m, net assets of $31.6m. It reported 105 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 70%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bold City Education Inc | Jacksonville | $16.7m |
| Pataula Charter Academy Inc | Edison | $16.7m |
| Riverhead Charter School | Calverton | $16.7m |
| The Lamplighter School | Dallas | $16.8m |