Ransom Everglades School Inc

Analysis

Ransom Everglades School Inc is a registered charity in United States, based in Coconut Grove, FL. It received its IRS tax-exemption ruling in December 1954, 72 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, Ransom Everglades School Inc reported income of $77.5m and spending of $61.3m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $56.5m to $77.5m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ransom Everglades School Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Otis College of Art and Design ($77.4m), Early Learning Coalition of Brevard County Inc ($77.5m) and University of Charleston ($77.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.1m (1.9% of expenses). Other salaries and wages came to $21.4m. At year end it held assets of $275.4m against liabilities of $84.7m, net assets of $190.7m. It reported 372 employees.