Wesleyan School Inc
Analysis
Wesleyan School Inc is a registered charity in United States, based in Peachtree Cor, GA. It received its IRS tax-exemption ruling in October 1995, 31 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, Wesleyan School Inc reported income of $52.4m and spending of $39.0m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.0m to $52.4m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Wesleyan School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Cedar Crest College ($52.3m), Robert Louis Stevenson School ($52.7m) and Aquinas College Inc ($52.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $2.0m (5.1% of expenses). Other salaries and wages came to $16.8m. At year end it held assets of $156.0m against liabilities of $35.3m, net assets of $120.7m. It reported 571 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 65%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cedar Crest College | Allentown | $52.3m |
| Robert Louis Stevenson School | Pebble Beach | $52.7m |
| Aquinas College Inc | Grand Rapids | $52.3m |
| Isana | Los Angeles | $52.7m |