Katherine Anne Porter School

Analysis

Katherine Anne Porter School is a registered charity in United States, based in Wimberley, TX. It received its IRS tax-exemption ruling in April 1999, 27 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 August 2023, Katherine Anne Porter School reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.0m to $1.5m (-24%), an average of -6.7% a year. The sharpest change came in the year to August 2022, when income dropped by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Katherine Anne Porter 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 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include West Nyack Free Library Assn ($1.5m), Eastern Florida State College Student Housing Corporation ($1.5m) and Housatonic Community College Foundation Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $83k (6.2% of expenses). Other salaries and wages came to $717k. At year end it held assets of $1.2m against liabilities of $62k, net assets of $1.2m. It reported 48 employees.