Levey Day School

Analysis

Levey Day School is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in December 1969, 57 years ago. 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 2024, Levey Day School reported income of $456k and spending of $577k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $359k to $456k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Levey Day School sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 64th percentile within ME. Charities of a similar size with the same main cause include Essex Child Center ($456k), St Stephens Endowment Fund Inc ($456k) and South Dakota Junior Football Inc ($456k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $88k (15% of expenses). At year end it held assets of $98k against liabilities of $288k, net assets of -$190k. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.