Seton Home Study School

Analysis

Seton Home Study School is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Seton Home Study School reported income of $14.3m and spending of $13.2m, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $10.5m to $14.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to October 2020, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seton Home Study School sits at the 95th percentile: it is larger than about 95% 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 Excelsior Academy ($14.3m), International Education and Community Initiatives ($14.4m) and Childrens First Fund the Chicago Public School Foundation ($14.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $604k (4.6% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $20.3m against liabilities of $95k, net assets of $20.2m. It reported 176 employees.