School & Main Institute Inc

Analysis

School & Main Institute Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, School & Main Institute Inc reported income of $1.6m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+25%), an average of +5.7% a year. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, School & Main Institute Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Show Me Youth Ag Academy Inc ($1.6m), The Boys & Girls Clubs of the Sun Corridor Inc ($1.6m) and Sacramento Youth Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $124k (8.4% of expenses). Other salaries and wages came to $377k. At year end it held assets of $1.5m against liabilities of $28k, net assets of $1.5m. It reported 5 employees.