Felician School for Exceptional Children

Analysis

Felician School for Exceptional Children is a registered charity in United States, based in Lodi, NJ. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Felician School for Exceptional Children reported income of $6.7m and spending of $6.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $6.7m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Felician School for Exceptional Children 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 94th percentile within NJ. Charities of a similar size with the same main cause include Gladney Fund ($6.7m), Essex Agricultural Society ($6.7m) and Greater West Town Community Development Project ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $335k (5.2% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $12.8m against liabilities of $1.7m, net assets of $11.1m. It reported 100 employees.