Applewild School

Analysis

Applewild School is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in January 1958, 68 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, Applewild School reported income of $6.4m and spending of $6.7m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.3m to $6.4m (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Applewild School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Serendipity Center Inc ($6.4m), Tallahassee Classical School Inc ($6.4m) and Academy for Urban Scholars ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $15.1m against liabilities of $3.6m, net assets of $11.5m. It reported 131 employees.