Madrona School

Analysis

Madrona School is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in September 2000, 26 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, Madrona School reported income of $691k and spending of $671k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $691k (-64%), an average of -23% a year. The sharpest change came in the year to June 2021, when income dropped by 48%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madrona School sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Heritage Christian Academy of East Tennessee ($691k), The Bellwether School and Family Resource Center Inc ($691k) and Kasiisi Project Inc ($691k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Other salaries and wages came to $398k. At year end it held assets of $365k against liabilities of $91k, net assets of $274k.