Dana Hall Schools
Analysis
Dana Hall Schools is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in September 1939, 87 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, Dana Hall Schools reported income of $45.6m and spending of $34.7m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.9m to $45.6m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2020, when income rose by 84%. Over the whole period it spent 74% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Dana Hall Schools 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 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Hispanic Scholarship Fund ($45.5m), Lancaster Bible College ($45.7m) and Princeton Day School Inc ($45.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $756k (2.2% of expenses). Other salaries and wages came to $13.0m. It paid $255k in professional fundraising fees. At year end it held assets of $176.1m against liabilities of $38.7m, net assets of $137.3m. It reported 349 employees.
Income and spending
Where the income comes from
- Contributions & grants 28%
- Program services 67%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hispanic Scholarship Fund | El Segundo | $45.5m |
| Lancaster Bible College | Lancaster | $45.7m |
| Princeton Day School Inc | Princeton | $45.3m |
| Hillcrest Educational Centers Inc | Pittsfield | $45.7m |