Grove School

Analysis

Grove School is a registered charity in United States, based in Leeds, AL. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2022, Grove School reported income of $285k and spending of $299k, spending 105% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $247k to $285k (+15%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 15%. 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, Grove School sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AL. Charities of a similar size with the same main cause include Ridgeway District Volunteer Fire Department ($285k), Bolivar Free Library ($285k) and Fund for Ucap ($285k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $101k (34% of expenses). Other salaries and wages came to $66k. At year end it held assets of $62k against liabilities of $0, net assets of $62k. It reported 7 employees.