Inly School Inc

Analysis

Inly School Inc is a registered charity in United States, based in Scituate, MA. It received its IRS tax-exemption ruling in December 1973, 53 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, Inly School Inc reported income of $13.9m and spending of $11.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.6m to $13.9m (+84%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inly School Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Hartfield Academy Inc ($13.9m), St Joseph Healthcare Foundation ($13.9m) and Central Behavioral Health ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $392k (3.3% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $17.7m against liabilities of $7.4m, net assets of $10.2m. It reported 141 employees.