Whitby School Inc

Analysis

Whitby School Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in December 1959, 67 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 2024, Whitby School Inc reported income of $16.7m and spending of $16.1m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $15.4m to $16.7m (+8.4%), an average of +1.6% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Whitby School Inc sits at the 95th percentile: it is larger than about 95% 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 University of Maryland Medical System Foundation Inc ($16.7m), Lindley Academy Charter School at Birney ($16.7m) and Foundation for Jewish Day Schools of Greater Philadelphia ($16.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $643k (4.0% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $33.7m against liabilities of $10.2m, net assets of $23.5m. It reported 118 employees.