Pierce School Extended Day Inc

Analysis

Pierce School Extended Day Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in November 1976, 50 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, Pierce School Extended Day Inc reported income of $814k and spending of $713k, spending 88% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $219k to $814k (+271%), an average of +93% a year. The sharpest change came in the year to June 2022, when income rose by 299%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pierce School Extended Day Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Common Good Iowa ($813k), Teen Challenge of East Bay Inc ($814k) and Benevolent & Protective Order of Elks of the USA ($813k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $174k (24% of expenses). Other salaries and wages came to $331k. At year end it held assets of $690k against liabilities of $25k, net assets of $665k. It reported 36 employees.