University Independent School Inc

Analysis

University Independent School Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in June 1973, 53 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 May 2023, University Independent School Inc reported income of $4.3m and spending of $3.7m, spending 87% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.4m to $4.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to May 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Independent School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Compass School ($4.3m), Carlisle School ($4.3m) and Lets Get Ready Inc ($4.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $8.4m against liabilities of $3.3m, net assets of $5.1m. It reported 111 employees.