Drew School

Analysis

Drew School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1973, 53 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, Drew School reported income of $18.3m and spending of $17.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.6m to $18.3m (+26%), an average of +6.0% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Drew School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Luther Burbank Memorial Foundation ($18.3m), Envision Industries Inc ($18.4m) and Human Services Inc ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $958k (5.4% of expenses). At year end it held assets of $40.3m against liabilities of $21.3m, net assets of $19.0m. It reported 112 employees.