Cushman School Inc

Analysis

Cushman School Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 1975, 51 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, Cushman School Inc reported income of $31.7m and spending of $28.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.9m to $31.7m (+52%), an average of +11% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cushman School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Park School Corporation ($31.7m), Girls Preparatory School Inc ($31.7m) and Journalism Develoment Network Inc ($31.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $749k (2.6% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $65.7m against liabilities of $32.0m, net assets of $33.7m. It reported 328 employees.