City School Inc

Analysis

City School Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2003, 23 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 July 2023, City School Inc reported income of $1.3m and spending of $1.7m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to July 2023, income fell from $1.9m to $1.3m (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include State News ($1.3m), Doman International Institute ($1.3m) and Saint John Paul II Preparatory School Inc ($1.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $61k (3.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $1.1m, net assets of $248k. It reported 43 employees.