Benedict Day School

Analysis

Benedict Day School is a registered charity in United States, based in Sumrall, MS. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Benedict Day School reported income of $2.9m and spending of $2.2m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.9m (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Benedict Day School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MS. Charities of a similar size with the same main cause include Lakeview College of Nursing ($2.9m), Mission to Ukraine ($2.9m) and Casa Latina ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 70% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.8m against liabilities of $3.1m, net assets of $1.8m. It reported 45 employees.