Loudoun Classical School

Analysis

Loudoun Classical School is a registered charity in United States, based in Purcellville, VA. It received its IRS tax-exemption ruling in March 2020, 6 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, Loudoun Classical School reported income of $334k and spending of $368k, spending 110% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $286k to $334k (+17%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loudoun Classical School sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Grace Christian School of Wildomar ($334k), Community Catholic Center Inc ($334k) and Massachusetts Head Start Association Inc ($334k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 79% of the total. Other salaries and wages came to $276k. At year end it held assets of $164k against liabilities of $193k, net assets of -$29k. It reported 16 employees.