Fairfield Country Day School Corporation

Analysis

Fairfield Country Day School Corporation is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in July 1943, 83 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, Fairfield Country Day School Corporation reported income of $10.7m and spending of $12.8m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.9m to $10.7m (-2.2%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairfield Country Day School Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Options Charter School-Carmel Inc ($10.7m), Bowman International School ($10.7m) and Ron Clark Academy Inc ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $594k (4.6% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $21.1m against liabilities of $2.1m, net assets of $19.0m. It reported 132 employees.