Chatham Day School Inc

Analysis

Chatham Day School Inc is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chatham Day School Inc reported income of $7.1m and spending of $6.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $7.1m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 20%. 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, Chatham Day School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Village Academies Inc ($7.1m), Midamerica Nazarene University Foundation ($7.1m) and Harford Day School Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $447k (6.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $20.8m against liabilities of $10.2m, net assets of $10.6m. It reported 67 employees.