Discovery School of Lancaster County

Analysis

Discovery School of Lancaster County is a registered charity in United States, based in Lancaster, SC. It received its IRS tax-exemption ruling in April 2001, 25 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, Discovery School of Lancaster County reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $666k to $2.1m (+220%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery School of Lancaster County sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Christian Education Legacy Fund ($2.1m), Open Mind School ($2.1m) and Adeline Montessori School Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $126k (5.9% of expenses). At year end it held assets of $6,915 against liabilities of $0, net assets of $6,915.