Childs Garden School Inc

Analysis

Childs Garden School Inc is a registered charity in United States, based in Louisburg, NC. It received its IRS tax-exemption ruling in October 2003, 23 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 2024, Childs Garden School Inc reported income of $4.7m and spending of $4.9m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $4.7m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childs Garden School Inc sits at the 89th percentile: it is larger than about 89% 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 Alfalah Academy Inc ($4.7m), Bay School ($4.7m) and Leadership Academy of Utah ($4.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $10.7m against liabilities of $12.0m, net assets of -$1.3m. It reported 18 employees.