Friendship Day School for the Sciences and the Arts

Analysis

Friendship Day School for the Sciences and the Arts is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Friendship Day School for the Sciences and the Arts reported income of $808k and spending of $1.1m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $808k (+142%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 101%. 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, Friendship Day School for the Sciences and the Arts sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Divinum Auxilium Academy ($808k), Lower Providence Community Library ($809k) and Massachusetts Bar Institute ($808k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $722k. At year end it held assets of $258k against liabilities of $344k, net assets of -$85k.