Ambleside School

Analysis

Ambleside School is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in May 1999, 27 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 July 2023, Ambleside School reported income of $2.0m and spending of $1.8m, spending 91% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.6m to $2.0m (+27%), an average of +8.2% a year. The sharpest change came in the year to July 2021, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ambleside School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Asheville-Buncombe Technical Community College Foundation Inc ($2.0m), Manhattan Beach Education Foundation Endowment Fund ($2.0m) and Plumbers Pipefitters and Mechanical Equipment Service Local ($2.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $97k (5.4% of expenses). Other salaries and wages came to $904k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 37 employees.