Hathaway Brown School

Analysis

Hathaway Brown School is a registered charity in United States, based in Shaker HTS, OH. It received its IRS tax-exemption ruling in June 1928, 98 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, Hathaway Brown School reported income of $35.0m and spending of $32.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.4m to $35.0m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hathaway Brown School 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 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Morristown-Beard School ($35.0m), Lake Erie College ($35.0m) and NC Student Aid Association Inc ($34.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $627k (1.9% of expenses). Other salaries and wages came to $13.3m. At year end it held assets of $157.6m against liabilities of $11.5m, net assets of $146.1m. It reported 565 employees.