Henry Viscardi School

Analysis

Henry Viscardi School is a registered charity in United States, based in Albertson, NY. It received its IRS tax-exemption ruling in January 1964, 62 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, Henry Viscardi School reported income of $17.5m and spending of $17.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.7m to $17.5m (+4.9%), an average of +1.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henry Viscardi School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include University of the Southwest ($17.5m), Digital Pioneers Academy Corporation ($17.5m) and St Croix Preparatory Academy ($17.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $678k (3.8% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $12.6m against liabilities of $18.5m, net assets of -$5.8m. It reported 222 employees.