The Frederick Gunn School Incorporated

Analysis

The Frederick Gunn School Incorporated is a registered charity in United States, based in Washington, CT. It received its IRS tax-exemption ruling in October 1929, 97 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, The Frederick Gunn School Incorporated reported income of $30.1m and spending of $29.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.4m to $30.1m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Frederick Gunn School Incorporated 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 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Association of Former Students of Texas a & M University ($30.1m), Tree of Knowledge Learning Academy Inc ($30.1m) and Rippowam Cisqua School Inc ($30.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $1.2m (4.0% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $113.2m against liabilities of $33.5m, net assets of $79.7m. It reported 171 employees.