Dexter Southfield Inc

Analysis

Dexter Southfield Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in September 1941, 85 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, Dexter Southfield Inc reported income of $68.0m and spending of $56.7m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $49.4m to $68.0m (+37%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 18%. 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, Dexter Southfield Inc 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 Trinity Basin Preparatory Inc ($67.7m), University of New Mexico Foundation Incorporated ($68.1m) and Dallas Theological Seminary ($67.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.0m (3.6% of expenses). Other salaries and wages came to $19.0m. At year end it held assets of $143.3m against liabilities of $53.8m, net assets of $89.5m. It reported 440 employees.