Essex Valley School

Analysis

Essex Valley School is a registered charity in United States, based in West Caldwell, NJ. It received its IRS tax-exemption ruling in June 1976, 50 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 2024, Essex Valley School reported income of $9.0m and spending of $9.0m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.8m to $9.0m (+33%), an average of +5.9% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Essex Valley School sits at the 95th percentile: it is larger than about 95% 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 Literary Arts Inc ($9.0m), Hillside House ($9.0m) and Boys & Girls Clubs of North Central Illinois Inc ($9.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $309k (3.4% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $5.4m against liabilities of $3.9m, net assets of $1.5m. It reported 84 employees.