Newton School

Analysis

Newton School is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in July 2009, 17 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 December 2023, Newton School reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.5m (-2.6%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newton School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Alliant Educational Foundation ($2.5m), Women in Technology Inc ($2.5m) and Mount Laurel Library Association Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $391k (16% of expenses). Other salaries and wages came to $948k. At year end it held assets of $1.8m against liabilities of $475, net assets of $1.8m. It reported 29 employees.