Protestant Episcopal High School in Virginia

Analysis

Protestant Episcopal High School in Virginia is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 1933, 93 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, Protestant Episcopal High School in Virginia reported income of $49.3m and spending of $54.7m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $72.9m to $49.3m (-32%), an average of -9.3% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Protestant Episcopal High School in Virginia 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 99th percentile within VA. Charities of a similar size with the same main cause include University of Mobile Inc ($49.3m), Robin Merger Corporation Inc ($49.4m) and Southern California University of Health Sciences ($49.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $912k (1.7% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $583.9m against liabilities of $80.8m, net assets of $503.2m. It reported 319 employees.