The Willow School Inc

Analysis

The Willow School Inc is a registered charity in United States, based in Gladstone, NJ. It received its IRS tax-exemption ruling in January 2003, 23 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, The Willow School Inc reported income of $5.6m and spending of $5.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.6m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Willow School Inc sits at the 90th percentile: it is larger than about 90% 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 Bnos Esther Malka Inc ($5.6m), Special Education for Exceptional Kids Inc ($5.6m) and Bridge Academy ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2.9m (52% of expenses). At year end it held assets of $20.0m against liabilities of $7.9m, net assets of $12.1m. It reported 71 employees.