Brewster Academy

Analysis

Brewster Academy is a registered charity in United States, based in Wolfeboro, NH. It received its IRS tax-exemption ruling in June 1946, 80 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, Brewster Academy reported income of $33.8m and spending of $28.5m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $29.8m to $33.8m (+13%), an average of +4.3% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brewster Academy 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 Athens Regional Physician Services Inc ($33.7m), Old Dominion University Educational Foundation ($33.8m) and Bethany College ($33.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.5m (5.3% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $94.7m against liabilities of $29.8m, net assets of $64.9m. It reported 246 employees.