Ethical Culture Fieldston School

Analysis

Ethical Culture Fieldston School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1996, 30 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, Ethical Culture Fieldston School reported income of $127.9m and spending of $123.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $100.3m to $127.9m (+28%), an average of +6.3% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ethical Culture Fieldston School sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include San Francisco Conservatory of Music Inc ($127.9m), Franciscan University of Steubenville ($128.2m) and Augustana University Association ($127.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $4.6m (3.7% of expenses). Other salaries and wages came to $48.0m. At year end it held assets of $239.2m against liabilities of $99.4m, net assets of $139.8m. It reported 702 employees.