Delphi Schools Inc

Analysis

Delphi Schools Inc is a registered charity in United States, based in Sheridan, OR. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Delphi Schools Inc reported income of $11.2m and spending of $15.3m, spending 136% of what it took in. Across the 5 years on record, from December 2019 to August 2023, income fell from $14.7m to $11.2m (-24%), an average of -6.5% a year. The sharpest change came in the year to August 2021, when income rose by 565%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delphi Schools Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Global Village Academy - Northglenn ($11.2m), The Charles River School ($11.2m) and Assets School ($11.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.6% and program service revenue 110% of the total. Compensation of current officers, directors and key employees was $350k (2.3% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $69.3m against liabilities of $4.3m, net assets of $65.0m. It reported 131 employees.