Town School for Boys

Analysis

Town School for Boys is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1952, 74 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 2024, Town School for Boys reported income of $27.5m and spending of $26.0m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $28.7m to $27.5m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. 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, Town School for Boys sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Partnerships to Uplift Communities Lake View Terrace ($27.5m), Literacy First Charter Schools ($27.5m) and Gilbert Christian Schools Inc ($27.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.1m (4.2% of expenses). Other salaries and wages came to $11.5m. At year end it held assets of $105.9m against liabilities of $29.2m, net assets of $76.7m. It reported 154 employees.