Derryfield School

Analysis

Derryfield School is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in December 1964, 62 years ago. 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, Derryfield School reported income of $22.5m and spending of $19.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.8m to $22.5m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Derryfield School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within NH. Charities of a similar size with the same main cause include Three Rivers Community Action Inc ($22.5m), Central Missouri Community Action ($22.5m) and Aspira Inc of Illinois ($22.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $614k (3.2% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $49.5m against liabilities of $16.3m, net assets of $33.2m. It reported 213 employees.