Presbyterian Day School

Analysis

Presbyterian Day School is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 1970, 56 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 July 2023, Presbyterian Day School reported income of $14.5m and spending of $12.9m, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $13.0m to $14.5m (+11%), an average of +2.7% a year. The sharpest change came in the year to July 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Presbyterian Day School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Coe-Brown Northwood Academy ($14.5m), Escuela Bilingue Internacional ($14.5m) and North Cross School ($14.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Other salaries and wages came to $6.6m. At year end it held assets of $28.2m against liabilities of $12.8m, net assets of $15.4m. It reported 168 employees.