Harford Day School Inc

Analysis

Harford Day School Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in February 1960, 66 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, Harford Day School Inc reported income of $7.1m and spending of $7.1m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.1m to $7.1m (+16%), an average of +4.9% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harford Day School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Love One International ($7.1m), Village Academies Inc ($7.1m) and Country School Incorporated ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $495k (7.0% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $14.1m against liabilities of $8.4m, net assets of $5.7m. It reported 97 employees.