Middlebridge School Inc

Analysis

Middlebridge School Inc is a registered charity in United States, based in Narragansett, RI. It received its IRS tax-exemption ruling in February 2009, 17 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, Middlebridge School Inc reported income of $8.2m and spending of $7.3m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.3m to $8.2m (+12%), an average of +3.9% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middlebridge School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within RI. Charities of a similar size with the same main cause include Hudson Country Montessori School ($8.2m), Providence Academy ($8.2m) and Shift Education ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $20.9m against liabilities of $6.0m, net assets of $14.8m. It reported 94 employees.