Vincent Smith School

Analysis

Vincent Smith School is a registered charity in United States, based in PRT Washingtn, NY. It received its IRS tax-exemption ruling in November 1937, 89 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, Vincent Smith School reported income of $4.3m and spending of $3.3m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $4.3m (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vincent Smith School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Chatham County Partnership for Children ($4.3m), Hillside Montessori of Lagrange ($4.3m) and Cumberland Academy of Georgia Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $200k (6.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.4m against liabilities of $667k, net assets of $4.7m. It reported 49 employees.