Davidson Day School

Analysis

Davidson Day School is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in December 1999, 27 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, Davidson Day School reported income of $12.4m and spending of $11.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.3m to $12.4m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davidson Day School 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 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Institute for the Psychological Sciences ($12.4m), Children of Fallen Patriots Foundation ($12.4m) and Ssomusd Residency Corporation ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $476k (4.2% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $20.0m against liabilities of $10.1m, net assets of $9.9m. It reported 165 employees.