Community School of Davidson Inc

Analysis

Community School of Davidson Inc is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in April 2002, 24 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 2023, Community School of Davidson Inc reported income of $19.4m and spending of $15.3m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $13.6m to $19.4m (+43%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community School of Davidson Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Cape Fear Academy Inc ($19.4m), Western Christian Schools ($19.4m) and Entrepreneurial Ventures in Education ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $54k (0.4% of expenses). At year end it held assets of $49.0m against liabilities of $48.8m, net assets of $168k. It reported 310 employees.