North Branch School
Analysis
North Branch School is a registered charity in United States, based in Ripton, VT. It received its IRS tax-exemption ruling in January 2003, 23 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 2024, North Branch School reported income of $406k and spending of $433k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $326k to $406k (+25%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, North Branch School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 60th percentile within VT. Charities of a similar size with the same main cause include Prairie Learning Center Inc ($406k), South Carolina First Steps to School Readiness Board of Trustees ($406k) and Unite Here Local 54 Training & Education Trust Fund ($406k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). Other salaries and wages came to $277k. At year end it held assets of $620k against liabilities of $5,548, net assets of $614k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 61%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Prairie Learning Center Inc | Raleigh | $406k |
| South Carolina First Steps to School Readiness Board of Trustees | Greenwood | $406k |
| Unite Here Local 54 Training & Education Trust Fund | Atlantic City | $406k |
| Domi Education Inc | Tallahassee | $406k |