Carlisle School

Analysis

Carlisle School is a registered charity in United States, based in Martinsville, VA. It received its IRS tax-exemption ruling in January 1969, 57 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, Carlisle School reported income of $4.3m and spending of $4.7m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $4.3m (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carlisle School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include University Independent School Inc ($4.3m), Slippery Rock University Foundation Inc ($4.3m) and Compass School ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $125k (2.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.3m against liabilities of $1.4m, net assets of $3.9m. It reported 86 employees.