East Woods School Inc

Analysis

East Woods School Inc is a registered charity in United States, based in Oyster Bay, NY. It received its IRS tax-exemption ruling in September 1946, 80 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, East Woods School Inc reported income of $8.8m and spending of $7.9m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.2m to $8.8m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Woods School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Imagine Elementary at Desert West ($8.8m), Central Minnesota Educational Research & Development Council ($8.8m) and Thomas Jefferson School of Law ($8.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $585k (7.4% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $16.5m against liabilities of $4.3m, net assets of $12.2m. It reported 171 employees.