Our School

Analysis

Our School is a registered charity in United States, based in Gig Harbor, WA. It received its IRS tax-exemption ruling in June 1976, 50 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 July 2024, Our School reported income of $2.4m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.9m to $2.4m (+31%), an average of +7.0% a year. The sharpest change came in the year to July 2022, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Valley Wellness Center Inc ($2.4m), Neurofit Networks Inc ($2.4m) and The Odessa Fire Company ($2.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 5.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $158k (6.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $944k. It reported 60 employees.