Alcott School

Analysis

Alcott School is a registered charity in United States, based in Dobbs Ferry, NY. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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, Alcott School reported income of $6.9m and spending of $6.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $6.9m (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alcott School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Allen Health Systems Inc ($6.9m), Warren Achievement Center Inc ($6.9m) and The Episcopal School of Knoxville Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $243k (3.7% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $1.4m against liabilities of $1.4m, net assets of -$1,376. It reported 154 employees.