Hawken School
Analysis
Hawken School is a registered charity in United States, based in Gates Mills, OH. It received its IRS tax-exemption ruling in June 1936, 90 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, Hawken School reported income of $59.7m and spending of $61.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $49.4m to $59.7m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hawken 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 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Virginia Student Aid Foundation ($59.7m), Genesee Education Consultant Services Inc ($59.9m) and Providence Day School ($59.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $2.1m (3.3% of expenses). Other salaries and wages came to $22.7m. At year end it held assets of $160.3m against liabilities of $44.6m, net assets of $115.8m. It reported 722 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 81%
- Other 6.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Virginia Student Aid Foundation | Charlottesvle | $59.7m |
| Genesee Education Consultant Services Inc | Flint | $59.9m |
| Providence Day School | Charlotte | $59.7m |
| East Texas Baptist University | Marshall | $59.9m |