Avon Old Farms School Inc

Analysis

Avon Old Farms School Inc is a registered charity in United States, based in Avon, CT. It received its IRS tax-exemption ruling in May 1958, 68 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, Avon Old Farms School Inc reported income of $38.1m and spending of $34.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.8m to $38.1m (+9.6%), an average of +2.3% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avon Old Farms 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 Gestalt Community Schools ($38.1m), University of Kansas Memorial ($38.2m) and Center City Public Charter Schools ($38.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $876k (2.6% of expenses). Other salaries and wages came to $11.0m. It paid $89k in professional fundraising fees. At year end it held assets of $162.7m against liabilities of $46.1m, net assets of $116.6m. It reported 233 employees.