Schenck School Inc

Analysis

Schenck School Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in May 1966, 60 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, Schenck School Inc reported income of $13.5m and spending of $13.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $13.5m (+20%), an average of +4.7% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schenck School Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Sme Education Foundation ($13.5m), Lexington Christian Academy ($13.5m) and Calvin Theological Seminary ($13.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $464k (3.4% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $47.6m against liabilities of $5.7m, net assets of $41.9m. It reported 164 employees.