Kewforest School Inc

Analysis

Kewforest School Inc is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in April 1973, 53 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, Kewforest School Inc reported income of $9.7m and spending of $12.4m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.5m to $9.7m (-7.2%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 185%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kewforest 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 Parrish Charter Academy Inc ($9.7m), Santos Manuel Student Union of Ca State Univ San Bernardino ($9.8m) and The Second Baptist School Foundation Inc ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $471k (3.8% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $17.8m against liabilities of $2.5m, net assets of $15.3m. It reported 86 employees.