Neighborhood Schoolhouse of Brattleboro Inc

Analysis

Neighborhood Schoolhouse of Brattleboro Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in April 1981, 45 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 2024, Neighborhood Schoolhouse of Brattleboro Inc reported income of $660k and spending of $749k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $666k to $660k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neighborhood Schoolhouse of Brattleboro Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within VT. Charities of a similar size with the same main cause include Kentuckiana Construction Education Foundation Trust Fund ($660k), Kaleidoscope Kids Childcare Center Inc ($660k) and Molokai Homestead Farmers Alliance ($659k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 87% of the total. Other salaries and wages came to $500k. At year end it held assets of $40k against liabilities of $27k, net assets of $13k. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.