Ethel Walker School Inc

Analysis

Ethel Walker School Inc is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in January 1956, 70 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, Ethel Walker School Inc reported income of $24.7m and spending of $23.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.6m to $24.7m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 108%. 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, Ethel Walker School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Third Future Schools-Texas ($24.6m), Ui Labs ($24.7m) and New Meridian Corporation ($24.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $942k (4.0% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $105.9m against liabilities of $29.2m, net assets of $76.8m. It reported 182 employees.