Uncommon Schools Inc

Analysis

Uncommon Schools Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uncommon Schools Inc reported income of $79.1m and spending of $80.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $62.4m to $79.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uncommon Schools Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include University Corporation at Monterey Bay ($79.1m), Intealth ($79.1m) and Lasell University ($79.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $2.4m (3.0% of expenses). Other salaries and wages came to $31.2m. At year end it held assets of $298.9m against liabilities of $220.7m, net assets of $78.3m. It reported 450 employees.