Fisher Island Day School Inc

Analysis

Fisher Island Day School Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in April 2003, 23 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, Fisher Island Day School Inc reported income of $8.0m and spending of $6.7m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $8.0m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fisher Island Day School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Woodbury Leadership Academy ($8.0m), American Friends of the National Gallery London Inc ($8.0m) and Sunrise Christian Academy ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $731k (11% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $20.4m against liabilities of $6.5m, net assets of $13.9m. It reported 62 employees.