Westminster School Inc
Analysis
Westminster School Inc is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in January 1967, 59 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, Westminster School Inc reported income of $7.4m and spending of $7.3m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.6m to $7.4m (+13%), an average of +4.1% a year. 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, Westminster School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Church Farm School ($7.4m), Timothy School Corp ($7.4m) and Finishing Trades Institute of DC 14 Chicago ($7.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $288k (3.9% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $7.3m against liabilities of $2.5m, net assets of $4.8m. It reported 84 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.5%
- Program services 92%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Church Farm School | Exton | $7.4m |
| Timothy School Corp | Berwyn | $7.4m |
| Finishing Trades Institute of DC 14 Chicago | Berkeley | $7.4m |
| Clarksdale Collegiate | Clarksdale | $7.4m |