German International School Boston Inc

Analysis

German International School Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2005, 21 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, German International School Boston Inc reported income of $11.2m and spending of $10.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $11.2m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, German International School Boston Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Broward Healthy Start Coalition Inc ($11.2m), Art Academy of Cincinnati ($11.2m) and Reading Is Fundamental Inc ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $292k (2.7% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $13.0m against liabilities of $6.5m, net assets of $6.5m. It reported 100 employees.