Brearley School
Brearley School maintains strong asset growth and financial stability despite a minor 2023 operating deficit.
EIN: 131623915 · New York, NY · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $168.8M |
| Total Expenses | $57.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $56.1 |
| Net Assets | $275.9M |
| Transparency Score | 85/100 |
Is Brearley School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brearley School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brearley School
Brearley School (EIN: 131623915) is a nonprofit organization based in New York, NY, classified under NTEE code B200. The organization reported total revenue of $168.8M and total assets of $384.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brearley School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brearley School is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56.1M |
| Total Expenses | $57.6M |
| Surplus / Deficit | $-1,458,848 |
| Total Assets | $360.2M |
| Total Liabilities | $84.2M |
| Net Assets | $275.9M |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 23.4% |
| Months of Reserves | 75.1 months |
Financial Health Grade: B
In 2023, Brearley School reported a deficit of $1.5M with expenses exceeding revenue, holds 75.1 months of operating reserves (strong position), has a debt-to-asset ratio of 23.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brearley School's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.7% | +7.6% | +4.9% |
| 2022 | +17.5% | -1.3% | -7.6% |
| 2021 | -18.7% | +9.9% | +8.2% |
| 2020 | +32.5% | +7.6% | +0.1% |
| 2019 | -15.5% | +0.4% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brearley School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Brearley School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.4%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all listed fiscal periods. This suggests that executive compensation is either not directly reported as a percentage of expenses in this specific data set, or it is integrated into other expense categories, or the school's leadership compensation structure is such that it doesn't fall under 'Officer Comp' in the way it's typically tracked for some nonprofits. Without further detail, it's difficult to assess its reasonableness relative to the organization's size and revenue, which reached $56.1 million in 2023.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Brearley School's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unclear reporting of executive compensation (0% officer comp across all years)
Strengths
The following positive indicators were identified for Brearley School:
- Strong and consistent asset growth, reaching $360,152,883 in 2023
- Substantial financial reserves relative to annual expenses
- Generally positive net income over the past decade, indicating financial stability
- Long operational history with consistent filing of IRS 990 data
Frequently Asked Questions about Brearley School
Is Brearley School a legitimate charity?
Brearley School (EIN: 131623915) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $168.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Brearley School spend its money?
Brearley School directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Brearley School tax-deductible?
Brearley School is registered as a tax-exempt nonprofit (EIN: 131623915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Brearley School CEO make?
Brearley School's highest-compensated officer earns $56.1 annually. The organization reported $168.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Brearley School's spending goes to programs?
Brearley School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brearley School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Brearley School is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brearley School located?
Brearley School is headquartered in New York, New York and files with the IRS under EIN 131623915. It is classified under NTEE code B200.
How many years of IRS 990 filings does Brearley School have?
Brearley School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $168.8M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.
How is executive compensation structured and reported, given the 0% officer compensation?
The consistent reporting of 0% for 'Officer Comp' across all years suggests that executive compensation might be included in other expense categories (e.g., salaries within program or administrative costs) or reported differently. Further clarification from the full 990 filing would be needed to understand the compensation structure for key executives.
What caused the operating deficit in the 2023 fiscal year?
In 2023, the Brearley School reported expenses of $57,579,179 against revenues of $56,120,331, resulting in a deficit. The specific reasons for this deficit are not detailed in the provided summary data and would require reviewing the full financial statements.
Filing History
IRS 990 filing history for Brearley School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brearley School's revenue has grown by 42.3%, moving from $39.4M to $56.1M. Total assets increased by 86.3% over the same period, from $193.4M to $360.2M. Total functional expenses rose by 69.1%, from $34.0M to $57.6M. In its most recent filing year (2023), Brearley School reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $84.2M in liabilities against $360.2M in assets (debt-to-asset ratio: 23.4%), resulting in net assets of $275.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56.1M | $57.6M | $360.2M | $84.2M | — | View 990 |
| 2022 | $64.3M | $53.5M | $343.3M | $77.8M | — | View 990 |
| 2021 | $54.7M | $54.2M | $371.3M | $75.7M | — | View 990 |
| 2020 | $67.3M | $49.4M | $343.2M | $82.2M | — | View 990 |
| 2019 | $50.8M | $45.9M | $342.8M | $84.1M | — | View 990 |
| 2018 | $60.1M | $45.7M | $337.1M | $83.8M | — | View 990 |
| 2017 | $65.6M | $43.9M | $312.0M | $78.7M | — | View 990 |
| 2016 | $55.5M | $41.8M | $282.0M | $76.2M | — | View 990 |
| 2015 | $49.4M | $40.8M | $233.9M | $36.3M | — | View 990 |
| 2014 | $39.5M | $38.8M | $215.7M | $25.1M | — | View 990 |
| 2013 | $35.1M | $38.3M | $200.3M | $26.3M | — | View 990 |
| 2012 | $36.7M | $36.3M | $189.7M | $24.7M | — | View 990 |
| 2011 | $39.4M | $34.0M | $193.4M | $24.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56.1M, expenses of $57.6M, and assets of $360.2M (revenue -12.7% year-over-year).
- 2022: Revenue of $64.3M, expenses of $53.5M, and assets of $343.3M (revenue +17.5% year-over-year).
- 2021: Revenue of $54.7M, expenses of $54.2M, and assets of $371.3M (revenue -18.7% year-over-year).
- 2020: Revenue of $67.3M, expenses of $49.4M, and assets of $343.2M (revenue +32.5% year-over-year).
- 2019: Revenue of $50.8M, expenses of $45.9M, and assets of $342.8M (revenue -15.5% year-over-year).
- 2018: Revenue of $60.1M, expenses of $45.7M, and assets of $337.1M (revenue -8.4% year-over-year).
- 2017: Revenue of $65.6M, expenses of $43.9M, and assets of $312.0M (revenue +18.1% year-over-year).
- 2016: Revenue of $55.5M, expenses of $41.8M, and assets of $282.0M (revenue +12.4% year-over-year).
- 2015: Revenue of $49.4M, expenses of $40.8M, and assets of $233.9M (revenue +25.2% year-over-year).
- 2014: Revenue of $39.5M, expenses of $38.8M, and assets of $215.7M (revenue +12.4% year-over-year).
- 2013: Revenue of $35.1M, expenses of $38.3M, and assets of $200.3M (revenue -4.2% year-over-year).
- 2012: Revenue of $36.7M, expenses of $36.3M, and assets of $189.7M (revenue -7.0% year-over-year).
- 2011: Revenue of $39.4M, expenses of $34.0M, and assets of $193.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brearley School:
Data Sources and Methodology
This transparency report for Brearley School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.