Trustees of the Lawrenceville School

Analysis

Trustees of the Lawrenceville School is a registered charity in United States, based in Lawrenceville, NJ. It received its IRS tax-exemption ruling in January 1935, 91 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, Trustees of the Lawrenceville School reported income of $100.4m and spending of $109.4m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $102.9m to $100.4m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of the Lawrenceville 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 100th percentile within NJ. Charities of a similar size with the same main cause include Kaiser Permanente Bernard J Tyson School of Medicine Inc ($100.3m), Alabama Nursing Home Association Education Foundation ($100.4m) and Canisius University of Buffalo New York ($99.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $3.8m (3.4% of expenses). Other salaries and wages came to $30.2m. It paid $23k in professional fundraising fees. At year end it held assets of $1.07bn against liabilities of $119.0m, net assets of $953.7m. It reported 659 employees.