Odyssey School

Analysis

Odyssey School is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1998, 28 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 December 2023, Odyssey School reported income of $1.0m and spending of $956k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $929k to $1.0m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 37%. 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, Odyssey School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Alpharetta High School Athletic Association ($1.0m), St Elizabeth School Foundation Inc ($1.0m) and Montessori School at Hampstead ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $59k (6.1% of expenses). Other salaries and wages came to $549k. At year end it held assets of $91k against liabilities of $0, net assets of $91k. It reported 23 employees.