Community Therapeutic Day School Inc

Analysis

Community Therapeutic Day School Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in December 1986, 40 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, Community Therapeutic Day School Inc reported income of $4.1m and spending of $3.3m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.1m (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Therapeutic Day School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Stone Creek Elementary ($4.1m), Global Academy Inc ($4.1m) and Peach State Learning Solutions Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $172k (5.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $13.8m against liabilities of $414k, net assets of $13.4m. It reported 38 employees.