St Davids School

Analysis

St Davids School is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 1973, 53 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, St Davids School reported income of $17.1m and spending of $18.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.2m to $17.1m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Davids School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include New York College of Podiatric Medicine ($17.1m), Robert M Hearin Support Foundation ($17.1m) and Hillcrest Christian School ($17.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $795k (4.3% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $30.5m against liabilities of $22.1m, net assets of $8.3m. It reported 227 employees.