Alfred B Maclay Jr Day School

Analysis

Alfred B Maclay Jr Day School is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in December 1967, 59 years ago. 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 July 2023, Alfred B Maclay Jr Day School reported income of $20.3m and spending of $20.8m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $18.2m to $20.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to July 2022, when income rose by 26%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alfred B Maclay Jr Day School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Mary Free Bed Orthotics and Prosthetics ($20.3m), National University of Health Sciences ($20.3m) and Nexus-Woodbourne Family Healing ($20.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $370k (1.8% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $33.0m against liabilities of $7.0m, net assets of $26.0m. It reported 404 employees.