Geneva School of Boerne
Analysis
Geneva School of Boerne is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in June 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 June 2023, Geneva School of Boerne reported income of $11.6m and spending of $10.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $11.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose 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, Geneva School of Boerne 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 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Grier Foundation ($11.6m), Rocky Mount Charter School Inc ($11.6m) and Dolly Partons Imagination Library of Ohio ($11.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $375k (3.4% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $27.3m against liabilities of $8.7m, net assets of $18.6m. It reported 209 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 81%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grier Foundation | Tyrone | $11.6m |
| Rocky Mount Charter School Inc | Rocky Mount | $11.6m |
| Dolly Partons Imagination Library of Ohio | Columbus | $11.6m |
| Imhotep Institute Inc | Philadelphia | $11.6m |