Dewey University Inc

Analysis

Dewey University Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 1996, 30 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, Dewey University Inc reported income of $13.0m and spending of $11.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.6m to $13.0m (+11%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dewey University Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 93rd percentile within PR. Charities of a similar size with the same main cause include International Studies Charter High School Inc ($13.0m), Park Lawn School and Activity Center ($13.0m) and Katz Hillel Day School of Boca Raton Inc ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $843k (7.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $41.1m against liabilities of $22.6m, net assets of $18.5m. It reported 311 employees.