Relay Graduate School of Education

Analysis

Relay Graduate School of Education 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, Relay Graduate School of Education reported income of $56.9m and spending of $62.6m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $60.7m to $56.9m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Relay Graduate School of Education 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 98th percentile within NY. Charities of a similar size with the same main cause include Lake Wales Charter Schools ($56.9m), Doral Academy of Nevada ($57.1m) and Bridgeprep Academy Inc ($56.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $597k (1.0% of expenses). Other salaries and wages came to $32.9m. At year end it held assets of $71.4m against liabilities of $29.2m, net assets of $42.2m. It reported 463 employees.