Blake School

Analysis

Blake School is a registered charity in United States, based in Hopkins, MN. It received its IRS tax-exemption ruling in March 1973, 53 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, Blake School reported income of $55.3m and spending of $60.0m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $51.4m to $55.3m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blake School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Cal Poly Humboldt Sponsored Programs Foundation ($55.3m), Grace Church School ($55.4m) and Notre Dame of Maryland University ($55.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.1m (1.8% of expenses). Other salaries and wages came to $26.3m. At year end it held assets of $200.3m against liabilities of $44.6m, net assets of $155.7m. It reported 671 employees.