Linsly School Incorporated
Analysis
Linsly School Incorporated is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in September 1943, 83 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, Linsly School Incorporated reported income of $19.5m and spending of $16.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.9m to $19.5m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Linsly School Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Journey Community Schools Inc ($19.5m), Barbers Hill Independent School District Education Foundation ($19.5m) and Fit Kids Inc ($19.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Other salaries and wages came to $4.7m. It paid $33k in professional fundraising fees. At year end it held assets of $54.6m against liabilities of $7.4m, net assets of $47.2m. It reported 157 employees.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 64%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Journey Community Schools Inc | Memphis | $19.5m |
| Barbers Hill Independent School District Education Foundation | Mont Belvieu | $19.5m |
| Fit Kids Inc | Scottsdale | $19.5m |
| Conservative Partnership Institute | Washington | $19.5m |