The Scarsdale Adult School

Analysis

The Scarsdale Adult School is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in August 1987, 39 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 December 2023, The Scarsdale Adult School reported income of $777k and spending of $709k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $891k to $777k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Scarsdale Adult School sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include National Council on Alcoholism and Drug Dependence of Central Ms Area ($777k), Franciscan Fathers of Texas ($777k) and Pensacola Childrens Chorus Inc ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $96k (14% of expenses). At year end it held assets of $1.5m against liabilities of $106k, net assets of $1.4m. It reported 5 employees.