David School Inc

Analysis

David School Inc is a registered charity in United States, based in David, KY. It received its IRS tax-exemption ruling in August 2013, 13 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, David School Inc reported income of $549k and spending of $441k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $300k to $549k (+83%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, David School Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within KY. Charities of a similar size with the same main cause include JLP Systems Inc ($549k), United Hook & Ladder Company 33 ($549k) and St Augustine School Inc ($549k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $162k. It paid $17k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $3,256, net assets of $1.0m. It reported 7 employees.