Episcopal Day School Inc

Analysis

Episcopal Day School Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in August 2004, 22 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, Episcopal Day School Inc reported income of $2.5m and spending of $2.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.5m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Episcopal Day School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Grace Christian School Corporation ($2.5m), The Vine Christian Academy Inc ($2.5m) and Stargate Foundation ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $103k (4.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.3m against liabilities of $308k, net assets of $2.0m. It reported 73 employees.