Brooksfield School Inc

Analysis

Brooksfield School Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in August 1988, 38 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 August 2023, Brooksfield School Inc reported income of $3.5m and spending of $3.7m, spending 107% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $2.3m to $3.5m (+50%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 55%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooksfield School Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include High Plains Childrens Home and Family Services ($3.5m), Lehigh Valley Center for Independant Living Inc ($3.5m) and United Way of Portage County Inc ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $658k (18% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.6m against liabilities of $1.7m, net assets of $918k. It reported 69 employees.