Fayerweather Street School Inc

Analysis

Fayerweather Street School Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in December 1968, 58 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Fayerweather Street School Inc reported income of $8.6m and spending of $8.7m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $7.3m to $8.6m (+17%), an average of +4.0% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fayerweather Street School Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Girl Scouts of Greater Iowa ($8.6m), West Alabama Food Bank Inc ($8.6m) and The Arc of Anchorage ($8.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $820k (9.4% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $9.0m against liabilities of $3.7m, net assets of $5.3m. It reported 70 employees.