The New Amsterdam School

Analysis

The New Amsterdam School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, The New Amsterdam School reported income of $970k and spending of $1.4m, spending 140% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $970k (-42%), an average of -13% a year. The sharpest change came in the year to June 2024, when income dropped by 40%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The New Amsterdam School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Pleasanton Partnerships in Education Foundation ($969k), Johnson Corners Christian Academy ($970k) and Friends of Golden Door Charter School Inc ($969k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $586k. At year end it held assets of $363k against liabilities of $570k, net assets of -$207k. It reported 29 employees.