Lexington School Inc

Analysis

Lexington School Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 1962, 64 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, Lexington School Inc reported income of $19.9m and spending of $20.0m, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $36.3m to $19.9m (-45%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lexington School Inc 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 KY. Charities of a similar size with the same main cause include Tasis Dorado Educational Foundation Inc ($19.9m), Saint Marys School ($19.9m) and The Orange Bowl Committee Inc ($19.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 80% of the total. Other salaries and wages came to $8.8m. At year end it held assets of $78.6m against liabilities of $12.8m, net assets of $65.8m. It reported 227 employees.