Island School

Analysis

Island School is a registered charity in United States, based in Boca Grande, FL. It received its IRS tax-exemption ruling in May 2001, 25 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, Island School reported income of $1.6m and spending of $1.8m, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.6m (+11%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Island School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Glenforest School ($1.6m), Tru Prep Academy Inc ($1.6m) and Temple Christian Academy Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 1.3% of the total. Other salaries and wages came to $982k. At year end it held assets of $3.6m against liabilities of $101k, net assets of $3.5m. It reported 28 employees.