Country School Incorporated

Analysis

Country School Incorporated is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in September 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, Country School Incorporated reported income of $7.1m and spending of $6.7m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.3m to $7.1m (+13%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Country School Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Hope Academy of Milford Inc ($7.1m), Love One International ($7.1m) and Elevate School ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $353k (5.3% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $10.5m against liabilities of $1.6m, net assets of $8.9m. It reported 94 employees.