Lake Forest Country Day School

Analysis

Lake Forest Country Day School is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in November 1959, 67 years ago. 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, Lake Forest Country Day School reported income of $18.5m and spending of $16.5m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $12.7m to $18.5m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Forest Country Day School 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 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Nashville Christian Schools Inc ($18.5m), Rebecca Residence ($18.5m) and Bethany Health Care Center Inc ($18.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $438k (2.6% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $62.4m against liabilities of $30.5m, net assets of $31.9m. It reported 123 employees.