Banff School

Analysis

Banff School is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1997, 29 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 2024, Banff School reported income of $2.7m and spending of $2.2m, leaving 21% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $2.1m to $2.7m (+29%), an average of +5.2% a year. The sharpest change came in the year to July 2022, when income rose by 24%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Banff 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Gan Yeladim of Stamford Inc ($2.7m), Mountain State Learning Solutions Inc ($2.7m) and Rancho Mirage Writers Festival ($2.7m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $105k (4.9% of expenses). Other salaries and wages came to $896k. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m. It reported 48 employees.