Trustees of Eliot School

Analysis

Trustees of Eliot School is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1943, 83 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, Trustees of Eliot School reported income of $1.6m and spending of $2.0m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-6.0%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trustees of Eliot School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Miller Day Care Center Inc ($1.6m), Habitat for Humanity International Inc ($1.6m) and Opening Doors Northwest Florida Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $94k (4.8% of expenses). Other salaries and wages came to $957k. At year end it held assets of $3.6m against liabilities of $612k, net assets of $2.9m. It reported 87 employees.