Almaden Country Day School

Analysis

Almaden Country Day School is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 August 2023, Almaden Country Day School reported income of $17.3m and spending of $16.4m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $10.5m to $17.3m (+65%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Almaden Country Day School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Texas College ($17.2m), Element Education Inc ($17.3m) and Sports Leadership and Management Academy of Nevada ($17.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $734k (4.5% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $63.3m against liabilities of $53.7m, net assets of $9.5m. It reported 117 employees.