Dwight School Foundation

Analysis

Dwight School Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1969, 57 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, Dwight School Foundation reported income of $2.7m and spending of $2.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.7m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dwight School Foundation 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 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include The James Madison Institute for Public Policy Studies Inc ($2.7m), New York Yankees Foundation Inc ($2.7m) and YMCA Camp Ralph S Mason Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $196k (8.3% of expenses). Other salaries and wages came to $246k. At year end it held assets of $10.9m against liabilities of $6,232, net assets of $10.9m. It reported 5 employees.