Buckingham Browne and Nichols School

Analysis

Buckingham Browne and Nichols School is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 1940, 86 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, Buckingham Browne and Nichols School reported income of $64.8m and spending of $67.8m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $57.1m to $64.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buckingham Browne and Nichols School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include The Waynesburg University ($64.8m), Kipp New York Inc ($64.8m) and Walla Walla University ($64.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.9m (2.7% of expenses). Other salaries and wages came to $28.8m. At year end it held assets of $258.9m against liabilities of $85.2m, net assets of $173.7m. It reported 573 employees.