Bosque School

Analysis

Bosque School is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1994, 32 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, Bosque School reported income of $14.5m and spending of $13.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.9m to $14.5m (+3.9%), an average of +1.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bosque School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within NM. Charities of a similar size with the same main cause include Lac Courte Oreilles Ojibwe School ($14.5m), Alta Vista School Inc ($14.5m) and The Launchcode Foundation ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $372k (2.8% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $34.5m against liabilities of $8.5m, net assets of $26.1m. It reported 252 employees.