Boston Higashi School Inc

Analysis

Boston Higashi School Inc is a registered charity in United States, based in Randolph, MA. It received its IRS tax-exemption ruling in October 1987, 39 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 2023, Boston Higashi School Inc reported income of $34.5m and spending of $33.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.3m to $34.5m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boston Higashi School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Early Learning Coalition of Lake County ($34.5m), Baker Charter Schools Organization ($34.5m) and College Possible ($34.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $544k (1.6% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $25.6m against liabilities of $10.4m, net assets of $15.2m. It reported 342 employees.