Winchendon School - Brooklyn

Analysis

Winchendon School - Brooklyn is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2019, 7 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 August 2023, Winchendon School - Brooklyn reported income of $3.2m and spending of $3.5m, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $946k to $3.2m (+236%), an average of +35% a year. The sharpest change came in the year to August 2021, when income rose by 109%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winchendon School - Brooklyn sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Coding School ($3.2m), Lonely Entrepreneur Inc ($3.2m) and St Andrews School ($3.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $222k (6.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $6.7m against liabilities of $9.4m, net assets of -$2.7m. It reported 18 employees.