Roxbury Latin School Inc

Analysis

Roxbury Latin School Inc is a registered charity in United States, based in West Roxbury, MA. It received its IRS tax-exemption ruling in February 1949, 77 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, Roxbury Latin School Inc reported income of $29.6m and spending of $24.6m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.7m to $29.6m (+101%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roxbury Latin School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Wells College ($29.6m), Legacy Christian Academy ($29.6m) and Santa Fe Indian School ($29.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 40% of the total. Other salaries and wages came to $7.8m. At year end it held assets of $292.3m against liabilities of $31.2m, net assets of $261.2m. It reported 96 employees.