Rectory School Inc

Analysis

Rectory School Inc is a registered charity in United States, based in Pomfret, CT. It received its IRS tax-exemption ruling in September 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 June 2023, Rectory School Inc reported income of $19.3m and spending of $18.1m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $16.7m to $19.3m (+16%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rectory School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Coastal Plains Education Center Inc ($19.3m), Ivymount School Inc ($19.3m) and Louisiana Achievement Charter Academies Inc ($19.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $509k (2.8% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $65.1m against liabilities of $21.1m, net assets of $44.1m. It reported 177 employees.