Association of Independent Schools in New England Inc

Analysis

Association of Independent Schools in New England Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Association of Independent Schools in New England Inc reported income of $2.3m and spending of $2.1m, spending 92% of its income. Across the 6 years on record, from May 2020 to June 2024, income grew from $1.5m to $2.3m (+51%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 1730%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Independent Schools in New England Inc 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 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Global Game Changers Childrens Education Initiative Inc ($2.3m), Regina Angelorum Academy ($2.3m) and Veterans Stride Foundaion at Iiop Inc ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $354k (17% of expenses). Other salaries and wages came to $756k. At year end it held assets of $2.3m against liabilities of $321k, net assets of $2.0m. It reported 7 employees.