Renbrook School Incorporated

Analysis

Renbrook School Incorporated is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in November 1937, 89 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 August 2023, Renbrook School Incorporated reported income of $15.6m and spending of $15.1m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $12.3m to $15.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to August 2022, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Renbrook School Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Learning Lamp Inc ($15.6m), Stemcivics Inc ($15.6m) and Medical Educatiion & Research Instutute ($15.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $859k (5.7% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $48.1m against liabilities of $8.8m, net assets of $39.3m. It reported 341 employees.