Saint Michael Episcopal School

Analysis

Saint Michael Episcopal School is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Saint Michael Episcopal School reported income of $4.9m and spending of $3.7m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.9m (+94%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Michael Episcopal School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Bridges of Florida Inc ($4.9m), Hospice Service of Lake County ($4.9m) and Woodhouse Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $172k (4.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.5m against liabilities of $4.3m, net assets of $2.2m. It reported 84 employees.