Kingswood Oxford School Inc

Analysis

Kingswood Oxford School Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in November 1931, 95 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, Kingswood Oxford School Inc reported income of $36.4m and spending of $29.1m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.5m to $36.4m (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingswood Oxford School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Spectrum 360 a New Jersey Nonprofit Corporation ($36.4m), American College ($36.4m) and Pomfret School Incorporated ($36.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.3% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $765k (2.6% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $75.0m against liabilities of $15.9m, net assets of $59.1m. It reported 177 employees.