Carrollwood Day School Education Inc

Analysis

Carrollwood Day School Education Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 1998, 28 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, Carrollwood Day School Education Inc reported income of $30.5m and spending of $24.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.1m to $30.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carrollwood Day School Education Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Moody Endowment ($30.4m), Southern College of Optometry ($30.5m) and Severn School Inc ($30.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $618k (2.5% of expenses). Other salaries and wages came to $12.9m. At year end it held assets of $55.4m against liabilities of $29.6m, net assets of $25.8m. It reported 339 employees.