Glen Urquhart School Inc

Analysis

Glen Urquhart School Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Glen Urquhart School Inc reported income of $8.1m and spending of $7.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $8.1m (+20%), an average of +4.7% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glen Urquhart School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Seattle Christian School Assn Inc ($8.1m), Hayward Twin Oaks Montessori School ($8.1m) and Head Start of Washington County Inc ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $257k (3.5% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $14.0m against liabilities of $6.1m, net assets of $7.8m. It reported 137 employees.