Heathwood Hall Episcopal School

Analysis

Heathwood Hall Episcopal School is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in November 1971, 55 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, Heathwood Hall Episcopal School reported income of $26.3m and spending of $21.0m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $16.2m to $26.3m (+62%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heathwood Hall Episcopal School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include United States Naval Academy Alumni Assoc ($26.3m), Oklahoma Skynet Inc ($26.3m) and Calvert School Inc ($26.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.4m (6.7% of expenses). At year end it held assets of $46.4m against liabilities of $19.9m, net assets of $26.4m. It reported 403 employees.