Calais School

Analysis

Calais School is a registered charity in United States, based in Whippany, NJ. It received its IRS tax-exemption ruling in May 1985, 41 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 2024, Calais School reported income of $8.8m and spending of $8.8m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.3m to $8.8m (+40%), an average of +7.0% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calais 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 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Central Minnesota Educational Research & Development Council ($8.8m), Covenant Classical School ($8.8m) and East Woods School Inc ($8.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $261k (3.0% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $4.0m against liabilities of $2.3m, net assets of $1.7m. It reported 118 employees.