Willow School Inc
Analysis
Willow School Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in September 2005, 21 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, Willow School Inc reported income of $875k and spending of $932k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $728k to $875k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Willow School Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Montgomery County Library and Information Network Consortium ($875k), Victory Christian Academy Inc ($876k) and As-Sabeel Academy of Greenville ($875k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $594k (64% of expenses). At year end it held assets of $189k against liabilities of $39k, net assets of $150k. It reported 16 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 68%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Montgomery County Library and Information Network Consortium | Ft Washington | $875k |
| Victory Christian Academy Inc | Saint Louis | $876k |
| As-Sabeel Academy of Greenville | Greer | $875k |
| Carroll Independent School District Band Boosters | Southlake | $876k |