Redwood Day School

Analysis

Redwood Day School is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 1977, 49 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, Redwood Day School reported income of $16.5m and spending of $14.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.1m to $16.5m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redwood 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 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Lake Oconee Academy Inc ($16.5m), Tindley Accelerated Schools Inc ($16.5m) and California Alumni Association ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $740k (5.0% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $29.7m against liabilities of $8.4m, net assets of $21.3m. It reported 134 employees.