The Ambrose School Inc

Analysis

The Ambrose School Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in January 1996, 30 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 2023, The Ambrose School Inc reported income of $7.6m and spending of $7.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $7.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Ambrose School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 97th percentile within ID. Charities of a similar size with the same main cause include Jewish Community Center Association of Indianapolis Incorporated ($7.6m), Tolbert Educational Services Inc ($7.6m) and Heritage Christian Academy ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $156k (2.2% of expenses). Other salaries and wages came to $3.9m. It paid $53k in professional fundraising fees. At year end it held assets of $17.6m against liabilities of $7.0m, net assets of $10.6m. It reported 210 employees.