Marianne Frostig Center of Educational Therapy
Analysis
Marianne Frostig Center of Educational Therapy is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 1961, 65 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, Marianne Frostig Center of Educational Therapy reported income of $6.7m and spending of $6.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $6.7m (+6.3%), an average of +1.5% a year. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Marianne Frostig Center of Educational Therapy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Prep Public Schools ($6.7m), Riverside Educational Center ($6.7m) and Young Scholars of Greater Allegheny Charter School ($6.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $770k (12% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $9.2m against liabilities of $456k, net assets of $8.7m. It reported 75 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 77%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Prep Public Schools | Chattanooga | $6.7m |
| Riverside Educational Center | Grand JCT | $6.7m |
| Young Scholars of Greater Allegheny Charter School | McKeesport | $6.7m |
| Frostburg State University Foundation | Frostburg | $6.7m |