Charlotte Country Day School

Analysis

Charlotte Country Day School is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1944, 82 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 2024, Charlotte Country Day School reported income of $64.4m and spending of $67.2m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $77.6m to $64.4m (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlotte Country Day School sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include North Carolina State University Foundation Inc ($64.3m), Seminole County Coalition for School Readiness Inc ($64.4m) and Greenhill School ($64.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.0m (1.5% of expenses). Other salaries and wages came to $29.1m. At year end it held assets of $258.6m against liabilities of $37.2m, net assets of $221.4m. It reported 724 employees.