LA Jolla Country Day School

Analysis

LA Jolla Country Day School is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in September 1957, 69 years ago. 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, LA Jolla Country Day School reported income of $45.8m and spending of $47.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $41.8m to $45.8m (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Jolla Country Day School sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Aware Inc ($45.8m), Serv Centers of New Jersey Inc ($45.9m) and Goodwill Industries of North Florida Inc ($45.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.0m (2.1% of expenses). Other salaries and wages came to $21.4m. It paid $105k in professional fundraising fees. At year end it held assets of $117.3m against liabilities of $56.3m, net assets of $61.0m. It reported 429 employees.