Cold Spring School Inc

Analysis

Cold Spring School Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cold Spring School Inc reported income of $4.8m and spending of $4.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $4.8m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cold Spring School Inc sits at the 89th percentile: it is larger than about 89% 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 Campus Auxiliary Services Inc ($4.8m), Bais Yaakov High School of Lakewood Inc ($4.8m) and Emma Jewel Charter School Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $228k (4.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $9.4m against liabilities of $3.5m, net assets of $5.8m. It reported 48 employees.