Memorial Day School Inc

Analysis

Memorial Day School Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in March 1973, 53 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, Memorial Day School Inc reported income of $2.3m and spending of $2.5m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.3m to $2.3m (+0.2%), an average of +0.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Memorial Day School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Access Academies ($2.3m), Associated Students of California State University San Marcos ($2.3m) and Nantucket Lighthouse School Inc ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.3m against liabilities of $1.2m, net assets of $1.2m. It reported 75 employees.