Burlington School Inc

Analysis

Burlington School Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in June 1957, 69 years ago. 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, Burlington School Inc reported income of $5.4m and spending of $4.0m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.4m (+63%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burlington School 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 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Seattle United FC ($5.4m), Family Planning Council of Nebraska Inc ($5.4m) and Rutledge Youth Foundation Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $8.1m against liabilities of $2.7m, net assets of $5.4m. It reported 116 employees.