Presbyterian School

Analysis

Presbyterian School is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1989, 37 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 2020, Presbyterian School reported income of $15.6m and spending of $15.6m, spending 100% of its income. Across the 2 years on record, from June 2019 to June 2020, income fell from $17.4m to $15.6m (-10.0%), an average of -10% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Presbyterian School sits at the 95th percentile: it is larger than about 95% 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 Grambling High Foundation ($15.6m), Derby Academy Trustees ($15.7m) and Living Classrooms Foundation Inc ($15.6m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 8.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $717k (4.6% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $57.2m against liabilities of $18.0m, net assets of $39.2m. It reported 168 employees.