Detroit Country Day School
Analysis
Detroit Country Day School is a registered charity in United States, based in Beverly Hills, MI. It received its IRS tax-exemption ruling in September 1941, 85 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, Detroit Country Day School reported income of $59.0m and spending of $51.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $59.9m to $59.0m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Detroit Country Day School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Peddie School ($59.0m), Bronx Charter School for Excellence ($59.1m) and Edgewood University Inc ($59.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $859k (1.7% of expenses). Other salaries and wages came to $19.3m. At year end it held assets of $157.9m against liabilities of $14.5m, net assets of $143.4m. It reported 423 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.3%
- Program services 84%
- Other 6.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Peddie School | Hightstown | $59.0m |
| Bronx Charter School for Excellence | Bronx | $59.1m |
| Edgewood University Inc | Madison | $59.0m |
| Kennesaw State University Foundation Inc | Kennesaw | $59.1m |