Union Day School Inc

Analysis

Union Day School Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in April 2016, 10 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, Union Day School Inc reported income of $5.7m and spending of $5.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $5.7m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Union Day School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Indianapolis Christian School System Inc ($5.7m), Somerset Hills Learning Institute Inc ($5.7m) and St Marys Charter School ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $2.4m against liabilities of $223k, net assets of $2.2m. It reported 120 employees.