Collegiate School Inc

Analysis

Collegiate School Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1942, 84 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, Collegiate School Inc reported income of $65.8m and spending of $53.3m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $47.9m to $65.8m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collegiate School Inc 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 98th percentile within NY. Charities of a similar size with the same main cause include Big Shoulders Fund ($65.7m), Mount Vernon Nazarene University ($65.9m) and Northwest Nazarene University Inc ($65.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $1.3m (2.5% of expenses). Other salaries and wages came to $21.0m. At year end it held assets of $350.9m against liabilities of $69.1m, net assets of $281.8m. It reported 247 employees.