Belchertown Day School Inc

Analysis

Belchertown Day School Inc is a registered charity in United States, based in Belchertown, MA. It received its IRS tax-exemption ruling in September 1980, 46 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 August 2023, Belchertown Day School Inc reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $809k to $1.5m (+80%), an average of +16% a year. The sharpest change came in the year to August 2020, when income rose by 80%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Belchertown Day School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include T H Reiarson Trust Stanley Community Hospital Association ($1.5m), Families Moving Forward ($1.5m) and Habitat for Humanity International Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $75k (6.3% of expenses). Other salaries and wages came to $671k. At year end it held assets of $4.1m against liabilities of $1.9m, net assets of $2.1m. It reported 34 employees.