New City School Inc

Analysis

New City School Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 1968, 58 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, New City School Inc reported income of $12.0m and spending of $10.1m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $10.4m to $12.0m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New City School Inc 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 94th percentile within MO. Charities of a similar size with the same main cause include West Vue Inc ($12.0m), Volunteers of America Inc ($12.0m) and Mid-Columbia Community Action Council Inc ($12.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $397k (3.9% of expenses). Other salaries and wages came to $4.1m. It paid $12k in professional fundraising fees. At year end it held assets of $31.5m against liabilities of $7.1m, net assets of $24.4m. It reported 162 employees.