Shore Country Day School

Analysis

Shore Country Day School is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in July 1937, 89 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 2023, Shore Country Day School reported income of $16.4m and spending of $16.5m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $14.6m to $16.4m (+12%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 21%. 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, Shore Country Day School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include National Ramah Commission Inc ($16.4m), USA Hockey Foundation ($16.4m) and Madonna Towers of Rochester Inc ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.4m (8.5% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $49.4m against liabilities of $6.3m, net assets of $43.2m. It reported 159 employees.