The Shumla School Inc

Analysis

The Shumla School Inc is a registered charity in United States, based in Comstock, TX. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Shumla School Inc reported income of $1.2m and spending of $905k, leaving 23% of income unspent that year. Across the 6 years on record, from January 2019 to December 2023, income grew from $716k to $1.2m (+65%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Shumla School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Shreveport Symphony Orchestra Foundation ($1.2m), Space Gallery ($1.2m) and RCM America Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Other salaries and wages came to $558k. It paid $7,500 in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $9,992, net assets of $1.5m. It reported 12 employees.