Speyer Legacy School

Analysis

Speyer Legacy School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2010, 16 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, Speyer Legacy School reported income of $23.0m and spending of $19.0m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $19.0m to $23.0m (+21%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Speyer Legacy School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Episcopal Day Private School of Manatee County Inc ($23.0m), Way to Rise ($23.0m) and University of Louisiana at Lafayette Foundation ($23.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.1m (6.0% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $57.5m against liabilities of $47.4m, net assets of $10.2m. It reported 110 employees.