Field School Inc

Analysis

Field School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1973, 53 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 2023, Field School Inc reported income of $20.6m and spending of $19.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.5m to $20.6m (+5.4%), an average of +1.3% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Field School Inc 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 97th percentile, and in the 93rd percentile within DC. Charities of a similar size with the same main cause include Adult Skills Center ($20.6m), Albert Einstein Residence Center ($20.6m) and Northern Metropolitan Inc ($20.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.1m (5.6% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $85.0m against liabilities of $37.4m, net assets of $47.6m. It reported 150 employees.