Maret School Inc

Analysis

Maret School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1938, 88 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Maret School Inc reported income of $38.6m and spending of $35.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.2m to $38.6m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maret 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 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include Isidore Newman School ($38.6m), Bowling Green State University Foundation Inc ($38.6m) and Albany Law School ($38.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.2m (3.3% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $103.2m against liabilities of $25.2m, net assets of $78.1m. It reported 215 employees.