Raleigh Day School

Analysis

Raleigh Day School is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 2021, 5 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, Raleigh Day School reported income of $315k and spending of $279k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $202k to $315k (+56%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raleigh Day School sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Teamwork USA Education Corporation ($315k), Parent Venture Corporation ($315k) and Prairie Meadows Provate School Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $204k. At year end it held assets of $160k against liabilities of $0, net assets of $160k. It reported 8 employees.