Lorge School

Analysis

Lorge School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1963, 63 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, Lorge School reported income of $4.5m and spending of $4.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $4.5m (+2.0%), an average of +0.5% 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, Lorge School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Hodan Community Services Inc ($4.5m), Icpc Foundation ($4.5m) and Yeshiva Ketana of Los Angeles ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $275k (6.5% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $1.6m against liabilities of $619k, net assets of $1.0m. It reported 87 employees.