Meadowbrook School

Analysis

Meadowbrook School is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in September 1958, 68 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, Meadowbrook School reported income of $4.5m and spending of $4.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.5m (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadowbrook School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Icpc Foundation ($4.5m), Butler Academy ($4.5m) and Lorge School ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $172k (4.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.7m against liabilities of $2.3m, net assets of $371k. It reported 58 employees.