Browning School

Analysis

Browning School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1939, 87 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, Browning School reported income of $36.9m and spending of $30.2m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.1m to $36.9m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Browning 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 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Florida Agricultural & Mechanical Univ Foundation Inc ($36.8m), Remington College ($36.9m) and Helix Charter High School ($36.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $2.0m (6.7% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $160.0m against liabilities of $66.7m, net assets of $93.3m. It reported 186 employees.