Harbor Day School

Analysis

Harbor Day School is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in September 2007, 19 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, Harbor Day School reported income of $1.2m and spending of $803k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $514k to $1.2m (+135%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harbor Day School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within MS. Charities of a similar size with the same main cause include New Horizons Educational Foundation Inc ($1.2m), Wilm Academy of Arts & Science ($1.2m) and A F I R E of Pasco County Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $54k (6.7% of expenses). Other salaries and wages came to $501k. At year end it held assets of $980k against liabilities of $10k, net assets of $970k. It reported 24 employees.