Lexington School for the Deaf

Analysis

Lexington School for the Deaf is a registered charity in United States, based in East Elmhurst, 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, Lexington School for the Deaf reported income of $25.2m and spending of $24.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.6m to $25.2m (+6.5%), an average of +1.6% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lexington School for the Deaf sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Comp-U-Dopt Inc ($25.1m), Hammond School ($25.2m) and Ingenuity Prep ($25.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $730k (2.9% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $26.6m against liabilities of $15.1m, net assets of $11.5m. It reported 220 employees.