Hickory Day School Inc

Analysis

Hickory Day School Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in January 1994, 32 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 July 2024, Hickory Day School Inc reported income of $1.8m and spending of $1.9m, spending 108% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.5m to $1.8m (+24%), an average of +4.4% a year. The sharpest change came in the year to July 2023, when income rose by 110%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hickory Day School Inc 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 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Judge David L Bazelon Center for Mental Health Law ($1.8m), HDS Fund ($1.8m) and Santa Rosa High School Foundation ($1.8m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 13% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $237k (12% of expenses). Other salaries and wages came to $846k. At year end it held assets of $5.3m against liabilities of $2.1m, net assets of $3.2m. It reported 30 employees.