First Presbyterian Church of Durham Day School Incorporated

Analysis

First Presbyterian Church of Durham Day School Incorporated is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in May 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, First Presbyterian Church of Durham Day School Incorporated reported income of $891k and spending of $886k, spending 100% of its income. Across the 6 years on record, from August 2018 to August 2023, income grew from $689k to $891k (+29%), an average of +5.3% a year. The sharpest change came in the year to August 2022, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Presbyterian Church of Durham Day School Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Pd365 NFP ($891k), Nami Nevada ($891k) and St Monica Gardens Inc ($891k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $131k (15% of expenses). Other salaries and wages came to $427k. At year end it held assets of $514k against liabilities of $70k, net assets of $444k. It reported 17 employees.