Brookline I L Peretz School of the Workmens Circle Inc

Analysis

Brookline I L Peretz School of the Workmens Circle Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Brookline I L Peretz School of the Workmens Circle Inc reported income of $955k and spending of $788k, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.7m to $955k (-64%), an average of -23% a year. The sharpest change came in the year to August 2022, when income dropped by 122%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brookline I L Peretz School of the Workmens Circle Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Greater Baltimore Cultural Alliance ($955k), Sierra Arts Foundation ($955k) and Capital Region Classical Inc ($955k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $85k (11% of expenses). Other salaries and wages came to $281k. At year end it held assets of $3.9m against liabilities of $506k, net assets of $3.4m. It reported 26 employees.