School for Ethical Education Inc

Analysis

School for Ethical Education Inc is a registered charity in United States, based in Greens Farms, CT. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2021, School for Ethical Education Inc reported income of $535k and spending of $170k, leaving 68% of income unspent that year. Across the 3 years on record, from August 2019 to August 2021, income grew from $131k to $535k (+310%), an average of +102% a year. The sharpest change came in the year to August 2021, when income rose by 1194%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School for Ethical Education Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Brooklyn Book Festival Inc ($535k), Beads for Education Inc a Non-Profit Corporation ($535k) and Lourdes Foundation Inc ($534k).

On its Form 990 for the period ending August 2021, revenue came from contributions and grants 3.0% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $104k (61% of expenses). Other salaries and wages came to $6,925. At year end it held assets of $3.6m against liabilities of $3,630, net assets of $3.6m. It reported 2 employees.