Wesley School

Analysis

Wesley School is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in October 1999, 27 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, Wesley School reported income of $11.6m and spending of $12.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $11.6m (+17%), an average of +4.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wesley School 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 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Imhotep Institute Inc ($11.6m), South Kent School Corp ($11.6m) and Rocky Mount Charter School Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $539k (4.5% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $22.3m against liabilities of $18.4m, net assets of $3.8m. It reported 117 employees.