Lander-Grinspoon Academy Solomon SC Hechter Day School

Analysis

Lander-Grinspoon Academy Solomon SC Hechter Day School is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 July 2023, Lander-Grinspoon Academy Solomon SC Hechter Day School reported income of $1.7m and spending of $1.8m, spending 105% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.8m to $1.7m (-3.5%), an average of -0.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lander-Grinspoon Academy Solomon SC Hechter Day School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Healthy Communities of Henry County Inc ($1.7m), Ensemble Espanol ($1.7m) and Presbyterian Apartments Inc ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 18% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $100k (5.5% of expenses). Other salaries and wages came to $893k. At year end it held assets of $2.1m against liabilities of $338k, net assets of $1.8m. It reported 34 employees.