Daisy Education Corporation

Analysis

Daisy Education Corporation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in September 2002, 24 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, Daisy Education Corporation reported income of $31.4m and spending of $28.9m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.6m to $31.4m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Daisy Education Corporation 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 97th percentile within AZ. Charities of a similar size with the same main cause include Scholarship Prep ($31.4m), The O Farrell Charter Schools ($31.5m) and Bethel College ($31.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $47.6m against liabilities of $28.1m, net assets of $19.5m. It reported 158 employees.