Central Branch School

Analysis

Central Branch School is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 1972, 54 years ago. 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, Central Branch School reported income of $428k and spending of $482k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $486k to $428k (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Branch School sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Cherry Hill Nursery School ($428k), National Church Residences of ($429k) and Preservation Texas Inc ($428k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $90k (19% of expenses). Other salaries and wages came to $247k. At year end it held assets of $378k against liabilities of $48k, net assets of $330k. It reported 6 employees.