Westhampton Day School

Analysis

Westhampton Day School is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 2018, 8 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 December 2022, Westhampton Day School reported income of $2.5m and spending of $2.2m, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.8m to $2.5m (+43%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westhampton Day School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include International Education Research Foundation ($2.5m), Fudan University Education Development Foundation ($2.5m) and North Oakland Community Charter School ($2.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $55k (2.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 84 employees.