Day 7 Inc

Analysis

Day 7 Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Day 7 Inc reported income of $219k and spending of $258k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $196k to $219k (+12%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Day 7 Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Hope3 Foundation ($219k), Shenandoah Valley Scholars Latino Initiative ($219k) and Peninsula High School Volunteer Parent Organization ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $54k (21% of expenses). Other salaries and wages came to $66k. At year end it held assets of $70k against liabilities of $2,484, net assets of $67k. It reported 3 employees.