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Glades Day School Inc

RegisteredEIN 59-1101072Belle Glade, FLEducation and training
Income$4.4m2023-06
Spending$4.6msame year
Spent / received97%5-year average
Size in its cause88th pctEducation and training
Exempt since1966School
Employees97latest return

Analysis

Glades Day School Inc is a registered charity in United States, based in Belle Glade, FL. It received its IRS tax-exemption ruling in February 1966, 60 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, Glades Day School Inc reported income of $4.4m and spending of $4.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $4.4m (+42%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glades Day School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Leading Edge Academy Queen Creek ($4.4m), The Helix School ($4.4m) and Autism Model Community School ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 83% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $3.1m against liabilities of $378k, net assets of $2.7m. It reported 97 employees.

Income and spending

$0$1.1m$2.3m$3.4m$4.6m2019 Income: $3,095,4312019 Spending: $3,240,18620192020 Income: $3,438,7812020 Spending: $3,174,54120202021 Income: $4,212,3602021 Spending: $3,516,33920212022 Income: $4,356,7362022 Spending: $4,417,99820222023 Income: $4,409,8722023 Spending: $4,589,0672023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.9%
  • Program services 83%
  • Other 8.5%

Similar-sized charities, same cause

CharityLocationIncome
Leading Edge Academy Queen CreekGilbert$4.4m
The Helix SchoolSan Rafael$4.4m
Autism Model Community SchoolToledo$4.4m
Birthing Beautiful CommunitiesCleveland$4.4m