Graland Country Day

Analysis

Graland Country Day is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1930, 96 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 June 2023, Graland Country Day reported income of $25.5m and spending of $27.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $26.5m to $25.5m (-3.7%), an average of -0.9% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Graland Country Day sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Clarksville Charter School ($25.5m), Advocates for Arts Based Educationinc ($25.5m) and Spartanburg Methodist College ($25.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $581k (2.1% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $33.6m against liabilities of $11.4m, net assets of $22.2m. It reported 249 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.