Marlborough School

Analysis

Marlborough School is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1962, 64 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, Marlborough School reported income of $34.6m and spending of $40.9m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.6m to $34.6m (+3.0%), an average of +0.7% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marlborough School 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 Goodwill Education Initiatives Inc ($34.5m), Worcester Academy ($34.6m) and Baker Charter Schools Organization ($34.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.1m (2.8% of expenses). Other salaries and wages came to $15.6m. It paid $54k in professional fundraising fees. At year end it held assets of $202.4m against liabilities of $59.9m, net assets of $142.4m. It reported 333 employees.