Ketchum Grande Memoriall School

Analysis

Ketchum Grande Memoriall School is a registered charity in United States, based in Burnt Hills, NY. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending June 2024, Ketchum Grande Memoriall School reported income of $3.3m and spending of $3.0m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $3.3m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ketchum Grande Memoriall School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Drumm Center for Children Inc ($3.3m), Planet Water Foundation ($3.3m) and Jewish Cemeteries of Greater Cincinnati Inc ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $5.0m against liabilities of $4.2m, net assets of $802k. It reported 40 employees.