Long Ridge School Inc

Analysis

Long Ridge School Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in August 1955, 71 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Long Ridge School Inc reported income of $4.9m and spending of $4.8m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.4m to $4.9m (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 107%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Long Ridge School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Menorah Housing Foundation ($4.9m), Kings Christian School ($4.9m) and Central Detroit Christian Community Development Corporation ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $277k (5.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $11.9m against liabilities of $6.6m, net assets of $5.3m. It reported 33 employees.