Lang School

Analysis

Lang School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2011, 15 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, Lang School reported income of $6.7m and spending of $6.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $6.7m (+107%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lang School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Oregon Social Learning Center Inc ($6.7m), Incarnate Word Academy ($6.7m) and Vanguard Academy ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $26k (0.4% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $3.3m against liabilities of $1.7m, net assets of $1.5m. It reported 58 employees.