Poly Prep Country Day School

Analysis

Poly Prep Country Day School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1946, 80 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, Poly Prep Country Day School reported income of $73.0m and spending of $72.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $58.4m to $73.0m (+25%), an average of +5.7% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Poly Prep Country Day School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include North Greenville University ($72.9m), Proteus Fund Inc ($73.1m) and Southwestern Medical Foundation ($72.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $3.1m (4.2% of expenses). Other salaries and wages came to $26.3m. At year end it held assets of $196.4m against liabilities of $87.6m, net assets of $108.8m. It reported 414 employees.