Northstar Classical School Inc

Analysis

Northstar Classical School Inc is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in January 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, Northstar Classical School Inc reported income of $262k and spending of $364k, spending 139% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $4.1m to $262k (-94%), an average of -50% a year. The sharpest change came in the year to May 2022, when income dropped by 1304%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northstar Classical School Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Winners Circle XR Academy Inc ($262k), Naples Public Library ($262k) and Achievement Rewards for College Scientists Foundation Inc Orange C ($262k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $56k (15% of expenses). Other salaries and wages came to $185k. At year end it held assets of $434k against liabilities of $242k, net assets of $193k. It reported 18 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.