Princeton Day School Inc

Analysis

Princeton Day School Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in January 1961, 65 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, Princeton Day School Inc reported income of $45.3m and spending of $49.0m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $43.2m to $45.3m (+5.0%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Princeton Day School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Rowland Hall-St Marks School ($45.3m), Hispanic Scholarship Fund ($45.5m) and Zearn ($45.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $957k (2.0% of expenses). Other salaries and wages came to $22.6m. It paid $2,068 in professional fundraising fees. At year end it held assets of $179.2m against liabilities of $57.9m, net assets of $121.3m. It reported 457 employees.