Middle Way School

Analysis

Middle Way School is a registered charity in United States, based in Saugerties, NY. It received its IRS tax-exemption ruling in October 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 June 2023, Middle Way School reported income of $1.8m and spending of $1.5m, spending 84% of its income. Across the 4 years on record, from December 2018 to June 2023, income grew from $519k to $1.8m (+253%), an average of +52% a year. The sharpest change came in the year to June 2020, when income rose by 155%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle Way School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Harvest Christian School ($1.8m), A Childrens Academy Inc ($1.8m) and Locust Valley Library ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $91k (5.9% of expenses). Other salaries and wages came to $989k. At year end it held assets of $1.7m against liabilities of $77k, net assets of $1.7m. It reported 31 employees.