nonprofit · EIN 13-1635286 · NY
How much does THE SPENCE SCHOOL raise and spend?
THE SPENCE SCHOOL (NY, EIN 13-1635286) reported $58.1M in revenue and $68.3M in expenses for tax year 2023, with $327.7M in net assets (57.6 months of reserves). By expenses that ranks 6,072 of 539,974 e-filers, 880 of 57,594 in NTEE B: Education, 658 of 38,222 nonprofits in new york.
What stands out
THE SPENCE SCHOOL (NY, EIN 13-1635286) reported $58.1M in revenue and $68.3M in expenses for tax year 2023, with $327.7M in net assets (57.6 months of reserves). By expenses that ranks 6,072 of 539,974 e-filers, 880 of 57,594 in NTEE B: Education, 658 of 38,222 nonprofits in new york. Against NTEE B: Education: months of reserves 57.6 months, above the peer median of 11.8 months; officer compensation share of expenses 4.5%, below the peer median of 4.8%; contributions share of revenue 10.5%, below the peer median of 50.3%; surplus margin -17.6%, below the peer median of 5.2%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $58.1M | $199.9k | $21.6M | $194.7k |
| Total expenses | $68.3M | $183.0k | $20.9M | $178.5k |
| Total assets | $386.7M | $845.8k | $29.9M | $775.3k |
| Net assets | $327.7M | $683.8k | $17.0M | $622.5k |
| Officer compensation (total per organisation) | $3.1M | $141.5k | $609.0k | $113.0k |
| Program service revenue share | 84.7% | 13.2% | 74.7% | 13.8% |
| Contributions share of revenue | 10.5% | 50.3% | 13.8% | 57.5% |
| Officer compensation share of expenses | 4.5% | 4.8% | 2.5% | 6.5% |
| Months of reserves | 57.6 months | 11.8 months | 9.0 months | 12.6 months |
| Surplus margin | -17.6% | 5.2% | 1.8% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $58.1M | $68.3M | $327.7M | 57.6 months | $3.1M | 6,072 |
| 2022 | $63.1M | $64.1M | $334.2M | 62.6 months | $2.7M | 5,875 |
| 2021 | $73.0M | $58.8M | $348.3M | 71.1 months | $2.5M | 4,012 |
| 2020 | $72.7M | $52.9M | $311.8M | 70.8 months | $2.7M | 6,224 |
| 2019 | $49.9M | $52.5M | $292.7M | 66.9 months | $2.4M | 5,991 |
| 2018 | $54.4M | $51.3M | $293.1M | 68.6 months | $2.2M | 5,605 |
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