Chapel Hill-Chauncy Hall School

Analysis

Chapel Hill-Chauncy Hall School is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in April 1974, 52 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 2024, Chapel Hill-Chauncy Hall School reported income of $17.8m and spending of $16.8m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $13.2m to $17.8m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chapel Hill-Chauncy Hall School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Richard Milburn Academy Texas Inc ($17.8m), Western Connecticut Health Network Affiliates Inc ($17.8m) and Western Maryland Health Care Corporation ($17.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $589k (3.5% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $26.3m against liabilities of $13.5m, net assets of $12.8m. It reported 232 employees.