Washington Episcopal Day School Inc

Analysis

Washington Episcopal Day School Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in August 1986, 40 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, Washington Episcopal Day School Inc reported income of $16.2m and spending of $13.7m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.9m to $16.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington Episcopal Day School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Childrens Center of Hamden Inc ($16.2m), Rabbi Harry H Epstein School Inc ($16.2m) and Pharos Academy Charter School ($16.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $503k (3.7% of expenses). Other salaries and wages came to $6.1m. It paid $5,000 in professional fundraising fees. At year end it held assets of $41.4m against liabilities of $15.8m, net assets of $25.6m. It reported 137 employees.