Incarnate Word High School

Analysis

Incarnate Word High School is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Incarnate Word High School reported income of $7.4m and spending of $6.0m, spending 82% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $6.1m to $7.4m (+21%), an average of +4.8% a year. The sharpest change came in the year to May 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Incarnate Word High School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include The White Mountain School ($7.4m), Massachusetts Golf Association Inc ($7.4m) and South Plains College Foundation ($7.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $219k (3.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $8.5m against liabilities of $3.2m, net assets of $5.3m. It reported 104 employees.