Childrens School Inc

Analysis

Childrens School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1971, 55 years ago. 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, Childrens School Inc reported income of $10.2m and spending of $12.1m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $10.2m (+0.2%), an average of +0.1% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Discovery Institute ($10.2m), Alpha Ministries Canada ($10.2m) and Youngstown Area Goodwill Industries Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $463k (3.8% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $21.9m against liabilities of $10.4m, net assets of $11.5m. It reported 126 employees.