Birch Wathen Lenox School

Analysis

Birch Wathen Lenox School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1992, 34 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, Birch Wathen Lenox School reported income of $22.7m and spending of $24.6m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $30.4m to $22.7m (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Birch Wathen Lenox School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include City Teaching Alliance Inc ($22.7m), Associated Students Inc California State University Fullerton ($22.7m) and Wiley College ($22.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.1m (4.3% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $17.1m against liabilities of $14.9m, net assets of $2.2m. It reported 188 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.