Kate Duncan Smith Dar School

Analysis

Kate Duncan Smith Dar School is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kate Duncan Smith Dar School reported income of $327k and spending of $275k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $365k to $327k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 295%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kate Duncan Smith Dar School sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within AL. Charities of a similar size with the same main cause include Sphinx Academy Inc ($327k), Belfast Free Library ($327k) and Police Association of Virginia ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $42k (15% of expenses). At year end it held assets of $8.2m against liabilities of $0, net assets of $8.2m.