Ashbrook Independent School

Analysis

Ashbrook Independent School is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in April 1995, 31 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 July 2023, Ashbrook Independent School reported income of $3.1m and spending of $3.0m, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.1m to $3.1m (+50%), an average of +11% a year. The sharpest change came in the year to July 2022, when income rose by 63%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ashbrook Independent School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Delaware Technical & Community College Educational Foundation 866 ($3.1m), Kentucky Nonprofit Network ($3.1m) and Lakeshore Intergenerational School ($3.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 21% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $212k (7.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.0m against liabilities of $1.3m, net assets of $6.8m. It reported 58 employees.