Delaware Valley Classical Schools Inc

Analysis

Delaware Valley Classical Schools Inc is a registered charity in United States, based in New Castle, DE. 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 June 2023, Delaware Valley Classical Schools Inc reported income of $1.9m and spending of $1.7m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $1.9m (+19%), 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, Delaware Valley Classical Schools Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within DE. Charities of a similar size with the same main cause include Open Source Robotics Foundation Inc ($1.9m), Winter Sports School in Park City ($1.9m) and Good Jobs First ($1.9m).

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. Other salaries and wages came to $958k. At year end it held assets of $1.1m against liabilities of $132k, net assets of $967k. It reported 37 employees.