Saddle River Day School Inc

Analysis

Saddle River Day School Inc is a registered charity in United States, based in Saddle River, NJ. It received its IRS tax-exemption ruling in September 1960, 66 years ago. 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, Saddle River Day School Inc reported income of $23.7m and spending of $19.4m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.2m to $23.7m (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saddle River 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 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include First Nations Development Institute ($23.7m), Penta Group Inc ($23.7m) and Hospice of Santa Cruz County ($23.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.1m (5.5% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $24.9m against liabilities of $5.8m, net assets of $19.2m. It reported 165 employees.