Saint Edwards School

Analysis

Saint Edwards School is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in May 1965, 61 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, Saint Edwards School reported income of $19.5m and spending of $19.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.4m to $19.5m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Edwards School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Warren Easton Sr High School Foundation Inc ($19.5m), San Jose Charter Academy ($19.5m) and York Preparatory Academy Inc ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $313k (1.6% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $55.1m against liabilities of $7.3m, net assets of $47.9m. It reported 323 employees.