St Andrews School

Analysis

St Andrews School is a registered charity in United States, based in Barrington, RI. It received its IRS tax-exemption ruling in July 1951, 75 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 June 2023, St Andrews School reported income of $14.9m and spending of $17.4m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.7m to $14.9m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Andrews School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within RI. Charities of a similar size with the same main cause include Womens Business Development Center ($14.9m), Klingberg Comprehensive Program Services Inc ($14.9m) and Detroit Community Health Connection Inc ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $653k (3.8% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $62.1m against liabilities of $21.9m, net assets of $40.2m. It reported 118 employees.