Canterbury Classical School

Analysis

Canterbury Classical School is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Canterbury Classical School reported income of $753k and spending of $727k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $753k (+139%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 46%. 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, Canterbury Classical School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Inspire Success Inc ($753k), Literacyworks ($753k) and Hillsboro School ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 89% of the total. Other salaries and wages came to $488k. At year end it held assets of $446k against liabilities of $119k, net assets of $326k. It reported 35 employees.