Boyd - Buchanan School

Analysis

Boyd - Buchanan School is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 1957, 69 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, Boyd - Buchanan School reported income of $17.0m and spending of $14.1m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.7m to $17.0m (+45%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 18%. 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, Boyd - Buchanan 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 TN. Charities of a similar size with the same main cause include Bradford Preparatory School ($17.0m), Coram Deo Academy Inc ($17.0m) and Dedham Country Day School ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $153k (1.1% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $20.7m against liabilities of $3.1m, net assets of $17.6m. It reported 277 employees.