Brearley School

Analysis

Brearley School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brearley School reported income of $56.1m and spending of $57.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $50.8m to $56.1m (+11%), an average of +2.5% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brearley School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Gilman School Inc ($56.1m), Wonderful College Prep Academy ($56.2m) and Empower Illinois ($56.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $2.0m (3.4% of expenses). Other salaries and wages came to $23.3m. At year end it held assets of $360.2m against liabilities of $84.2m, net assets of $275.9m. It reported 369 employees.