The Study Hall Inc

Analysis

The Study Hall Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Study Hall Inc reported income of $2.0m and spending of $699k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $714k to $2.0m (+178%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Study Hall Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include The Cabell & Wayne County Public Defender Corp ($2.0m), Hetlinger Developmental Services Inc ($2.0m) and Center for Neurologic Study ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $104k (15% of expenses). Other salaries and wages came to $200k. It paid $77k in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $329k, net assets of $2.6m. It reported 16 employees.