Great Neck Community School

Analysis

Great Neck Community School is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in January 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 2023, Great Neck Community School reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Neck Community School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Council on Educational Standards and Accountability ($1.3m), Rochester University ($1.3m) and Montessori Seeds of Education Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $168k (12% of expenses). Other salaries and wages came to $884k. At year end it held assets of $2.2m against liabilities of $504k, net assets of $1.7m. It reported 32 employees.