Miss Porters School Inc

Analysis

Miss Porters School Inc is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in December 1943, 83 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, Miss Porters School Inc reported income of $44.5m and spending of $35.1m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.0m to $44.5m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miss Porters 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 99th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Bethel University Inc ($44.5m), Warren Wilson College ($44.5m) and Atlanta International School Inc ($44.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $2.0m (5.8% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $220.5m against liabilities of $30.9m, net assets of $189.5m. It reported 229 employees.