Charlton School

Analysis

Charlton School is a registered charity in United States, based in Burnt Hills, NY. It received its IRS tax-exemption ruling in December 1938, 88 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Charlton School reported income of $6.6m and spending of $6.1m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.9m to $6.6m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charlton School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Croixdale ($6.6m), Pikes Peak Habitat for Humanity Inc ($6.6m) and Big Brothers Big Sisters of Eastern Missouri ($6.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.3% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $427k (7.0% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $23.7m against liabilities of $11.5m, net assets of $12.2m. It reported 90 employees.