Easton Country Day School Inc

Analysis

Easton Country Day School Inc is a registered charity in United States, based in Easton, CT. It received its IRS tax-exemption ruling in April 1998, 28 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, Easton Country Day School Inc reported income of $6.0m and spending of $4.4m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $6.0m (+72%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Easton Country Day School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Regina Caeli Inc ($6.0m), Houston Classical Inc ($6.0m) and Eastside Christian School ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $215k (4.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.5m against liabilities of $1.2m, net assets of $2.3m. It reported 14 employees.