Breck School

Analysis

Breck School is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Breck School reported income of $51.2m and spending of $52.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $42.6m to $51.2m (+20%), an average of +4.7% a year. 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, Breck 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 MN. Charities of a similar size with the same main cause include Greenwich Academy Inc ($51.2m), Illinois College ($51.3m) and University of Virginia Law School Foundation ($51.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.7m (3.3% of expenses). Other salaries and wages came to $21.1m. At year end it held assets of $154.8m against liabilities of $34.6m, net assets of $120.2m. It reported 526 employees.