Charlotte Jewish Day School Inc

Analysis

Charlotte Jewish Day School Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2000, 26 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 Jewish Day School Inc reported income of $3.4m and spending of $3.3m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $3.4m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlotte Jewish Day School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Oahe Child Development Center Inc ($3.4m), Isthmus Montessori Academy Inc ($3.4m) and Cooper Christian Academy ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $168k (5.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.8m against liabilities of $822k, net assets of $2.0m. It reported 44 employees.