Schools That Can

Analysis

Schools That Can is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Schools That Can reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.3m (-33%), an average of -9.4% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schools That Can sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Educational Summer Center ($1.3m), New Life Charter Academies ($1.3m) and Chemung Valley Montessori School ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.1% of the total. Other salaries and wages came to $723k. At year end it held assets of $2.0m against liabilities of $33k, net assets of $2.0m. It reported 15 employees.