The Episcopal School of Knoxville Inc

Analysis

The Episcopal School of Knoxville Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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 2024, The Episcopal School of Knoxville Inc reported income of $6.9m and spending of $6.9m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $4.8m to $6.9m (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Episcopal School of Knoxville Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($6.9m), Allen Health Systems Inc ($6.9m) and Rugby School ($6.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.2% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $284k (4.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $18.9m against liabilities of $8.5m, net assets of $10.4m. It reported 126 employees.