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Charlotte Country Day School

Charlotte, NC · EIN 56-0623935 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Charlotte Country Day School reported $67.4 million in revenue and $68.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.94 went to program services, $11.34 to management and general costs and $4.72 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 84.5% of the total. The highest compensation it reported for one person was $925,202 (CFO & INTERIM HOS (12/23 - 6/25)). 53 people received more than $100,000 in reportable compensation. Revenue fell 13% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $69M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $67M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
83.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.48$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
9.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
84.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$925,202$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.34%1.28%
People paid over $100,000
Part VII, line 2
538
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
39.413.3
Independent voting board members
Part VI 1a–1b
26 of 26100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$49M expenses · 85.2% of program spending · grants $4.3M · revenue $51M

Instructional: funds were used to provide comprehensive educational programs to approximately 1,740 students in grades junior kindergarten through grade 12

$3.7M expenses · 6.4% of program spending · revenue $3.4M

Special program fees: funds were used to provide special programs, including afterschool care, afterschool enrichment classes, tutoring, and summer day camps (sports, arts, enrichment) to children in grades junior kindergarten through grade 12

$4.8M expenses · 8.4% of program spending · revenue $2.5M

Auxiliary services: funds were used to provide food, campus store, and transportation to students in grades junior kindergarten through grade 12. These expenses also included costs associated with operating and maintaining the donated weddington farm property

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CFO & INTERIM HOS (12/23 - 6/25)
Officer, 70.00 hrs/week
$472,956$0$452,246$925,202
FORMER HEAD OF SCHOOL
Former, 0.00 hrs/week
$639,058$0$9,108$648,166
DIRECTOR OF ADVANCEMENT
Highest compensated employee, 50.00 hrs/week
$241,490$0$73,629$315,119
ASSISTANT HEAD OF SCHOOL THRU 12/24
Highest compensated employee, 50.00 hrs/week
$243,779$0$25,323$269,102
HEAD OF LOWER SCHOOL
Highest compensated employee, 50.00 hrs/week
$177,321$0$75,685$253,006
HEAD OF MIDDLE SCHOOL
Highest compensated employee, 50.00 hrs/week
$221,111$0$25,277$246,388
DIRECTOR OF FACILITIES AND OPERATIONS
Highest compensated employee, 50.00 hrs/week
$204,518$0$24,606$229,124

53 people received more than $100,000 in reportable compensation from Charlotte Country Day School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$67M$69M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$67M$69M83.9%$226M$925,202
FY2024 ⓘ$64M$67M83.1%$221M$621,071
FY2023 ⓘ$65M$62M84.4%$217M$550,773
FY2022 ⓘ$85M$55M84.3%$209M$475,959
FY2021 ⓘ$58M$54M83.5%$181M$603,270
FY2020 ⓘ$78M$50M83.9%$163M$948,047

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b26 · 26 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5728
  • Volunteers Part I, line 6600

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ALADDIN FOOD MANAGEMENT SERVICES LLC
Food management
$1,935,538
THE JOHNSON GROUP
Janitorial
$811,628
BALFOUR BEATTY CONSTRUCTION
Construction
$799,371
CLARKPOWELL
Av equipment & installation
$725,920
SHOWALTER CONSTRUCTION CO INC
Construction
$588,699

Individuals listed as contractors are left out. 19 contractors were paid more than $100,000 in all.

Private foundation grants it received

24 private foundations reported grants to Charlotte Country Day School totaling $984K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Charlotte Country Day School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charlotte Country Day School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of Charlotte Country Day School's spending goes to programs?

In the fiscal year ending June 30, 2025, Charlotte Country Day School reported that 83.9% of its $68.8 million in expenses went to program services, 11.3% to management and general and 4.7% to fundraising (Form 990, Part IX).

How much does Charlotte Country Day School pay its top executive?

The largest total compensation Charlotte Country Day School reported for one person in the fiscal year ending June 30, 2025 was $925,202, for the role of CFO & INTERIM HOS (12/23 - 6/25) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Charlotte Country Day School get its money?

Of $67.4 million in revenue in the fiscal year ending June 30, 2025, 9.9% came from contributions and grants and 84.5% from program service revenue (Form 990, Part VIII).

Is Charlotte Country Day School a registered charity?

The IRS lists EIN 56-0623935 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202503189349305370 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443199349305224 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323359349301317 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213199349315116 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133169349308553 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202023219349311772 · read the filing

All filings for EIN 56-0623935: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.