Shalva High School Inc

Analysis

Shalva High School Inc is a registered charity in United States, based in Lakewood, NJ. 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 August 2023, Shalva High School Inc reported income of $932k and spending of $1.1m, spending 118% of what it took in. Across the 4 years on record, from December 2019 to August 2023, income grew from $671k to $932k (+39%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shalva High School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Association for the Study of Higher Education ($931k), Blauvelt Free Library Association ($932k) and The Learning Council ($931k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $263k (24% of expenses). Other salaries and wages came to $271k. At year end it held assets of $360k against liabilities of $599k, net assets of -$239k. It reported 31 employees.