Holderness School
Analysis
Holderness School is a registered charity in United States, based in Plymouth, NH. It received its IRS tax-exemption ruling in July 1940, 86 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, Holderness School reported income of $28.4m and spending of $27.9m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $30.2m to $28.4m (-5.7%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Holderness 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 NH. Charities of a similar size with the same main cause include Early Learning Coalition of the Nature Coast Inc ($28.4m), Arizona Christian School Tuition Organization Inc ($28.5m) and University of Toccoa Falls Inc ($28.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.5m (5.3% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $152.2m against liabilities of $21.2m, net assets of $130.9m. It reported 143 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 77%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Early Learning Coalition of the Nature Coast Inc | Crystal River | $28.4m |
| Arizona Christian School Tuition Organization Inc | Chandler | $28.5m |
| University of Toccoa Falls Inc | Toccoa Falls | $28.4m |
| Mecklenburg Partnership for Children | Charlotte | $28.5m |