Harbor Day School

Analysis

Harbor Day School is a registered charity in United States, based in Corona DL Mar, CA. It received its IRS tax-exemption ruling in May 1965, 61 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, Harbor Day School reported income of $24.9m and spending of $13.6m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $24.9m (+144%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 176%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harbor Day School 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 98th percentile within CA. Charities of a similar size with the same main cause include Providence Hall ($24.9m), Governors Early Literacy Foundation ($24.9m) and National Board for Professional Teaching Standards Inc ($24.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $1.2m (9.1% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $124.4m against liabilities of $68.1m, net assets of $56.3m. It reported 103 employees.