Meadows School

Analysis

Meadows School is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 1982, 44 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, Meadows School reported income of $27.1m and spending of $28.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.8m to $27.1m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadows 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 98th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include Hope Academy Inc ($27.0m), Ashley Hall Foundation ($27.1m) and Waynflete School ($27.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $201k (0.7% of expenses). Other salaries and wages came to $13.2m. At year end it held assets of $75.2m against liabilities of $9.5m, net assets of $65.7m. It reported 316 employees.