Columbia Grammar & Preparatory School

Analysis

Columbia Grammar & Preparatory School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1941, 85 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, Columbia Grammar & Preparatory School reported income of $83.7m and spending of $75.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $76.3m to $83.7m (+9.8%), an average of +2.4% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Columbia Grammar & Preparatory 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 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Holy Family University ($83.7m), Raritan Valley Community College Dir of Budget & Finance Office ($83.8m) and Blue Ridge Academy ($83.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.4m (3.2% of expenses). Other salaries and wages came to $35.3m. At year end it held assets of $143.6m against liabilities of $18.8m, net assets of $124.7m. It reported 442 employees.