Day School

Analysis

Day School is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 2022, 4 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, Day School reported income of $15.0m and spending of $15.4m, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $5.4m to $15.0m (+178%), an average of +178% a year. The sharpest change came in the year to June 2023, when income rose by 178%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Day School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Phillips Fundamental Learning Center Inc ($15.0m), College for Certain Inc ($15.0m) and Diagnostic Services of Kansas State Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $7.2m. At year end it held assets of $1.1m against liabilities of $1.7m, net assets of -$542k. It reported 191 employees.