Byram Hills Education Foundation Inc

Analysis

Byram Hills Education Foundation Inc is a registered charity in United States, based in Armonk, NY. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Byram Hills Education Foundation Inc reported income of $481k and spending of $206k, leaving 57% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $267k to $481k (+80%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Byram Hills Education Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Genspace NYC ($481k), B Club Inc ($481k) and Massachusetts Business Alliance for Education Inc ($481k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $583k against liabilities of $8,144, net assets of $575k.