Charleston Day School Inc

Analysis

Charleston Day School Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in March 1972, 54 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, Charleston Day School Inc reported income of $7.7m and spending of $6.6m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $7.7m (+39%), an average of +8.5% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charleston Day School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Worcester County Developmental Center ($7.7m), Community Leaders Advocating Student Success Inc ($7.7m) and Afsa High School ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $20.5m against liabilities of $9.0m, net assets of $11.5m. It reported 94 employees.