The Village School Inc

Analysis

The Village School Inc is a registered charity in United States, based in Waldwick, NJ. It received its IRS tax-exemption ruling in November 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Village School Inc reported income of $6.2m and spending of $5.8m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.5m to $6.2m (+39%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Village School Inc 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 American Society of Transplantation ($6.2m), A-1 Universal Care Inc ($6.2m) and Minnesota Indian Primary Residental Treatment Center Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $277k (4.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $14.7m against liabilities of $6.8m, net assets of $7.9m. It reported 65 employees.