United Day School of Laredo Inc

Analysis

United Day School of Laredo Inc is a registered charity in United States, based in Laredo, TX. 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, United Day School of Laredo Inc reported income of $3.3m and spending of $3.6m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.3m (+15%), an average of +3.5% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Day School of Laredo Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include North Carolina Medical Society Foundation Inc ($3.3m), South Shore Christian Academy ($3.3m) and Tennessee 4-H Foundation Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $100k (2.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $7.7m against liabilities of $1.0m, net assets of $6.7m. It reported 64 employees.