Northshire Day School Inc

Analysis

Northshire Day School Inc is a registered charity in United States, based in Manchestr Ctr, VT. It received its IRS tax-exemption ruling in September 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northshire Day School Inc reported income of $2.7m and spending of $2.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $919k to $2.7m (+194%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northshire Day School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within VT. Charities of a similar size with the same main cause include PLM Families Together Inc ($2.7m), The Westerly Ambulance Corps Inc ($2.7m) and The Bridge ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $80k (3.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.8m against liabilities of $62k, net assets of $3.8m. It reported 53 employees.