Tiegerman School

Analysis

Tiegerman School is a registered charity in United States, based in Glen Cove, NY. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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, Tiegerman School reported income of $42.6m and spending of $42.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.9m to $42.6m (+9.4%), an average of +2.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tiegerman School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include The Corning Museum of Glass ($42.5m), Indianapolis Motor Speedway Foundation Inc ($42.6m) and New Jersey Family Planning League Inc ($42.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.7m (4.0% of expenses). Other salaries and wages came to $26.0m. At year end it held assets of $32.7m against liabilities of $29.2m, net assets of $3.4m. It reported 537 employees.