Quarry Hill School Inc
Analysis
Quarry Hill School Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in February 2001, 25 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, Quarry Hill School Inc reported income of $294k and spending of $259k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $248k to $294k (+19%), an average of +4.3% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Quarry Hill School Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 54th percentile within VT. Charities of a similar size with the same main cause include Lakewood Christian Schools Foundation ($294k), Asnuntuck Community-Technical College Foundatiion Inc ($294k) and Union County Interscholastic Athletic Conference Inc ($294k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $47k (18% of expenses). Other salaries and wages came to $119k. At year end it held assets of $200k against liabilities of $5,943, net assets of $194k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 79%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lakewood Christian Schools Foundation | Long Beach | $294k |
| Asnuntuck Community-Technical College Foundatiion Inc | Enfield | $294k |
| Union County Interscholastic Athletic Conference Inc | Bayville | $294k |
| Plainfield Red Pride Band Boosters Inc | Plainfield | $294k |