Universal School

Analysis

Universal School is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 2003, 23 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, Universal School reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.3m (+28%), an average of +6.3% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Universal School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Upper Saranac Lake Foundation Inc ($1.3m), Bitney College Preparatory High School ($1.3m) and Gets Theological Seminary ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $78k (6.0% of expenses). Other salaries and wages came to $785k. At year end it held assets of $682k against liabilities of $383k, net assets of $299k. It reported 57 employees.