Branch School Inc

Analysis

Branch School Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1978, 48 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 2023, Branch School Inc reported income of $5.5m and spending of $4.2m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $5.5m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 450%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Branch School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Mid Coast Hunger Prevention Program Inc ($5.5m), Galesburg Hospitals Ambulance Service ($5.5m) and Hospice at LSMNJ Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $324k (7.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $19.2m against liabilities of $1.2m, net assets of $17.9m. It reported 45 employees.