Arthur Morgan School Inc

Analysis

Arthur Morgan School Inc is a registered charity in United States, based in Burnsville, NC. It received its IRS tax-exemption ruling in July 2002, 24 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, Arthur Morgan School Inc reported income of $661k and spending of $614k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $911k to $661k (-27%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arthur Morgan School Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Naperville District 203 General Home & School Association ($661k), Givethx ($661k) and Ridgemont Manor CDC ($660k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 66% of the total. Other salaries and wages came to $339k. At year end it held assets of $3.0m against liabilities of $45k, net assets of $3.0m. It reported 24 employees.