The International School of Charlottesvlle Inc

Analysis

The International School of Charlottesvlle Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, The International School of Charlottesvlle Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $2.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The International School of Charlottesvlle 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 87th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include The Bellevue Art Museum ($2.2m), Lillian & Albert Small Capital Jewish Museum Inc ($2.2m) and Charles F Chapman School of Seamanship Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $110k (5.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.8m against liabilities of $3.8m, net assets of $2.0m. It reported 35 employees.