Education (B21Z) IRS Verified DX Registered 990 on File

INDIAN CREEK SCHOOL INCORPORATED

EIN: 52-0967384 · CROWNSVILLE, MD 21032-2311 · United States · FY 2023 Data

4 out of 5 62 / 100 Based on 2+ years of filings

Financial strength (30%) 66/100

Reliability (20%) 55/100

Effectiveness (25%) 77/100

Impact (25%) 50/100

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Mission Statement: Indian Creek School inspires authenticity, connection, and curiosity so every student can pursue their full potential in scholarship and in life. Vision: Indian Creek is the premier independent school in the Annapolis area where KINDNESS is currency, WELL-BEING is priority, and EXCELLENCE IN EDUCATION is relentlessly pursued. Who we are: Indian Creek School is an independent, co-educational, college preparatory day school for students age 3 through grade 12, located on a 114-acre campus in Crownsville, Maryland. Students are known as individuals and experience an outstanding education as members of a diverse and inclusive community.

Financial Overview — FY 2023

$20.1M

Total Revenue

$18.7M

Total Expenses

$15.2M

Net Assets

201

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 62.6%

Fundraising Efficiency 367.3%

Operating Reserve 9.74x

Liability-to-Asset 53.4%

Revenue Diversification 84.3%

Executive Compensation $393K

Compared with Peers

FY 2023

Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	62.6%	84.4%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	36.7%	13.5%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.7%	0.7%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	367.3%	631.2%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	9.7 mo	10.9 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	53.4%	34.2%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	84.3%	87.3%	P10P90	Above median
Revenue growth Year over year revenue growth	13.3%	4.8%	P10P90
Expense growth Year over year expense growth	11.2%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	6.9%	2.7%	P10P90

Impact

1 program

Outcome / Program	People Served	Cost / Service	# Completed	Duration
Inclusivity, sense of Well Being and an outstanding education	560	$100,000.00	—	Lifetime

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$20.1M	$18.7M	$15.2M	62.6%	201
2022	$17.7M	$16.8M	$13.7M	58.4%	146
2021	$16.6M	$15.6M	N/A	—	158

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Organization Details

EIN: 52-0967384
State: MD
City: CROWNSVILLE
ZIP: 21032-2311
Classification: B21Z
Category: Education
Rating: 4★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1973
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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