Congressional School Inc

Analysis

Congressional School Inc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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 August 2023, Congressional School Inc reported income of $20.2m and spending of $18.0m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $14.9m to $20.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Congressional School Inc 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 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Woodhaven Learning Center ($20.1m), Sonoran University of Health Sciences ($20.2m) and Columbus Hospice Inc ($20.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.1m (6.3% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $24.4m against liabilities of $16.6m, net assets of $7.8m. It reported 370 employees.