Calhoun School Inc

Analysis

Calhoun School Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 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, Calhoun School Inc reported income of $50.9m and spending of $42.7m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.6m to $50.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calhoun School Inc 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 Drew Charter School Inc ($50.9m), University of Florida Research Foundation Inc ($50.9m) and Pacific Charter Institute Inc ($50.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.4m (3.3% of expenses). Other salaries and wages came to $16.6m. At year end it held assets of $80.2m against liabilities of $43.6m, net assets of $36.5m. It reported 269 employees.