Far Hills Country Day School

Analysis

Far Hills Country Day School is a registered charity in United States, based in Far Hills, NJ. It received its IRS tax-exemption ruling in October 1950, 76 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 2024, Far Hills Country Day School reported income of $11.4m and spending of $12.8m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $12.5m to $11.4m (-8.5%), an average of -1.8% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Far Hills Country 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 95th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Santa Clarita Valley International School ($11.4m), Ub Associates Inc ($11.4m) and Green Tree School ($11.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $700k (5.5% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $47.7m against liabilities of $6.8m, net assets of $40.9m. It reported 114 employees.