Fenn School Inc

Analysis

Fenn School Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in March 1972, 54 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, Fenn School Inc reported income of $20.5m and spending of $20.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.7m to $20.5m (-1.1%), an average of -0.3% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fenn School Inc 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 96th percentile within MA. Charities of a similar size with the same main cause include Aspirus at Home Inc ($20.5m), Loyola Press ($20.5m) and Local Government Corporation ($20.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $730k (3.5% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $94.7m against liabilities of $14.7m, net assets of $80.0m. It reported 233 employees.