Lawrence School

Analysis

Lawrence School is a registered charity in United States, based in Broadview HTS, OH. It received its IRS tax-exemption ruling in July 1974, 52 years ago. 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, Lawrence School reported income of $13.3m and spending of $11.6m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $12.3m to $13.3m (+8.0%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawrence School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include National Association of Intercollegiate Athletics ($13.3m), The Kingsley Montessori School Inc ($13.3m) and Center for Applied Linguistics ($13.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $525k (4.5% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $30.2m against liabilities of $6.6m, net assets of $23.6m. It reported 158 employees.