Miller School of Albermarle

Analysis

Miller School of Albermarle is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in August 1947, 79 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, Miller School of Albermarle reported income of $13.1m and spending of $11.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $13.1m (+29%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miller School of Albermarle sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Buffalo & Erie County Public Library ($13.1m), Childrens Center for Developmental Enrichment ($13.2m) and Thomas Edison Charter Academy ($13.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $560k (4.7% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $33.0m against liabilities of $2.3m, net assets of $30.7m. It reported 109 employees.