Advent Episcopal Day School Inc

Analysis

Advent Episcopal Day School Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in March 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 May 2024, Advent Episcopal Day School Inc reported income of $4.5m and spending of $4.7m, spending 104% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $3.9m to $4.5m (+16%), an average of +3.7% a year. The sharpest change came in the year to May 2022, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advent Episcopal 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 92nd percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Tekoa Charter School Inc ($4.5m), George Jackson Academy ($4.5m) and Palos Verdes Peninsula Education Foundation ($4.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $299k (6.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.9m against liabilities of $504k, net assets of $2.4m. It reported 64 employees.