Chapin School Ltd

Analysis

Chapin School Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1938, 88 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, Chapin School Ltd reported income of $63.3m and spending of $69.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $63.0m to $63.3m (+0.4%), an average of +0.1% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chapin School Ltd sits at the 99th 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 Grand View University ($63.1m), Pennsylvania Leadership Charter Schools ($63.4m) and Saint Andrews School of Boca Raton Inc ($63.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.2m (1.7% of expenses). Other salaries and wages came to $23.2m. At year end it held assets of $355.1m against liabilities of $103.1m, net assets of $252.0m. It reported 288 employees.