Selwyn School

Analysis

Selwyn School is a registered charity in United States, based in Argyle, TX. It received its IRS tax-exemption ruling in July 2017, 9 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 May 2023, Selwyn School reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $2.0m to $3.0m (+49%), an average of +14% a year. The sharpest change came in the year to May 2021, when income rose by 17%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Selwyn School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include United Community School ($3.0m), National Caucus of Environmental Legislators ($3.0m) and Friends Without a Border ($3.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $134k (4.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.1m against liabilities of $2.4m, net assets of $2.7m. It reported 48 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.