Miami Country Day School Inc

Analysis

Miami Country Day School Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1979, 47 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, Miami Country Day School Inc reported income of $62.5m and spending of $62.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $51.0m to $62.5m (+22%), an average of +5.2% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miami Country Day School Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Collegium Charter School ($62.5m), Summit Public Schools ($62.5m) and Old Dominion University Research Foundation ($62.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $2.1m (3.4% of expenses). Other salaries and wages came to $20.4m. At year end it held assets of $150.8m against liabilities of $73.2m, net assets of $77.7m. It reported 516 employees.