James River Day School Inc

Analysis

James River Day School Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in September 1971, 55 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, James River Day School Inc reported income of $4.4m and spending of $4.4m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.9m to $4.4m (+11%), an average of +2.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James River 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 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include United States Pan Asian American Chamber of Commerce Education ($4.4m), Transportation Alternatives Inc ($4.4m) and Methodist Health System Foundation Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $175k (3.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.3m against liabilities of $3.2m, net assets of $4.0m. It reported 101 employees.