North Country School Inc

Analysis

North Country School Inc is a registered charity in United States, based in Lake Placid, NY. It received its IRS tax-exemption ruling in October 1960, 66 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 August 2023, North Country School Inc reported income of $11.8m and spending of $10.1m, spending 85% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $6.1m to $11.8m (+94%), an average of +25% a year. The sharpest change came in the year to August 2021, when income rose by 48%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Country School Inc 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 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include North Country Food Bank Inc ($11.8m), Mohawk Valley Health System ($11.8m) and Second Harvest Community Food Bank ($11.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 32% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $374k (3.7% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $34.8m against liabilities of $9.3m, net assets of $25.4m. It reported 196 employees.