Good Hope Country Day School Inc

Analysis

Good Hope Country Day School Inc is a registered charity in United States, based in Kingshill, VI. It received its IRS tax-exemption ruling in February 1978, 48 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 June 2023, Good Hope Country Day School Inc reported income of $4.9m and spending of $4.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $4.9m (-14%), an average of -3.7% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Hope Country Day School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 96th percentile within VI. Charities of a similar size with the same main cause include Bracken Christian School of Bulverde ($4.9m), Pine Point School Inc ($4.9m) and Functional Industries Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $5.6m against liabilities of $1.4m, net assets of $4.2m. It reported 69 employees.