Tallahassee Classical School Inc

Analysis

Tallahassee Classical School Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in June 2018, 8 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, Tallahassee Classical School Inc reported income of $6.4m and spending of $6.3m, spending 98% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $4.7m to $6.4m (+38%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tallahassee Classical School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Applewild School ($6.4m), Doral Academy of Texas ($6.4m) and Serendipity Center Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 90% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $13.4m against liabilities of $15.0m, net assets of -$1.6m.