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Providence Day School

EIN 56-0952382 · Charlotte, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROVIDENCE DAY SCHOOL EXISTS TO INSPIRE IN ITS STUDENTS A PASSION FOR LEARNING, A COMMITMENT TO PERSONAL INTEGRITY, AND A SENSE OF SOCIAL RESPONSIBILITY. THE SCHOOL IS COMMITTED TO DEVELOPING STUDENT LEADERS WHO HAVE THE NECESSARY KNOWLEDGE, SKILLS AND CHARACTER TRAITS TO SUCCEED IN THE 21ST CENTURY GLOBAL ENVIRONMENT.

Income
$72.9 million
Spending
$63.6 million
Spent on programs
87%
Reserves
-2.7 months of spending
Largest source of income
fees for its services, 88%
Employees
640
Volunteers
750
Highest pay
$768,485, head of school

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 41% of charities in its peer group (education, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    10 of 20

    It owes 43% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 13% of income.

  • Income trend

    15 of 15

    Income rose 4% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 27 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $51.9 million spent. PROVIDENCE DAY SCHOOL IS KNOWN FOR ITS INNOVATIVE APPROACH AND FOCUS ON GLOBAL STUDIES, AS ONE OF JUST SIX SCHOOLS NATIONWIDE TO OFFER A GLOBAL STUDIES DIPLOMA AND A ROUND SQUARE SCHOOL; FOR ITS EMPHASIS ON SOCIAL RESPONSIBILITY, PROUD TO BE A PRIVATE SCHOOL WITH A PUBLIC PURPOSE, INCLUDING DOZENS OF COMMUNITY PARTNERSHIPS AND ITS UNIQUE FREEDOM SCHOOL SITE; FOR ITS COMMITMENT TO EDUCATION IN SCIENCE AND TECHNOLOGY, AND THE APPLICATION OF INNOVATION TO TEACHING; FOR ITS ACCOMPLISHED SCHOLAR-ATHLETES, WHO WIN STATE AND LOCAL CHAMPIONSHIPS AND GO ON TO DIVISION 1 TEAMS AND PRO LEAGUES INCLUDING THE NBA, WNBA, AND MLS; AND FOR ITS DEEP FOCUS ON THE ARTS, DOMINATING REGIONAL AND STATEWIDE HONORS. THE SCHOOL'S GREATEST STRENGTH IS ITS FACULTY, WHO SERVE AS NATIONAL AP READERS AND HOLD 101 MASTER'S DEGREES AND 15 PH.DS; THEIR ACCOLADES RANGE FROM A REGIONAL EMMY TO A NEWBERY HONOR BOOK AWARD TO AN AMERICAN GEOGRAPHICAL SOCIETY TEACHER FELLOWSHIP.
  2. $1.1 million spent. FOR 30 YEARS, PROVIDENCE DAY HAS HELPED CHILDREN GROW STRONG THROUGH SUMMER CAMP OPPORTUNITIES IN SPORTS, ACADEMICS, ART, TECHNOLOGY, AND MORE. THE SUMMER PROGRAM IS OPEN TO THE PUBLIC.
  3. $1.1 million spent. THE EXTENDED DAY PROGRAM, A NATIONALLY RECOGNIZED AFTER-SCHOOL PROGRAM, FOR THE LOWER SCHOOL STUDENTS OF PROVIDENCE DAY SCHOOL. THE EXTENDED DAY PROGRAM PROVIDES AN ENRICHING EXPERIENCE FOR PROVIDENCE DAY SCHOOL'S LOWER SCHOOL STUDENTS. TEACHERS ACTIVELY PROMOTE EACH CHILD'S SOCIAL, EMOTIONAL, AND PHYSICAL DEVELOPMENT THROUGH NURTURING RELATIONSHIPS, FLEXIBLE SCHEDULING, AND CHOICES THAT REFLECT EACH CHILD'S INDIVIDUAL NEEDS, INTERESTS, AND ABILITIES.THE PROGRAM OPENS AFTER SCHOOL, ON TEACHER WORKDAYS AND MOST SCHOOL HOLIDAYS WITH ACTIVITY CHOICES THAT RANGE FROM ART, COOKING, GARDENING, SEWING AND SPORTS AS WELL AS OVER 20 WEEKLY ENRICHMENT PROGRAMS.
  4. $1.4 million spent. OTHER PROGRAMS INCLUDE MORNING AND AFTERNOON BUS TRANSPORTATION, SPIRIT STORE, FACILITY RENTALS AND THE OPERATIONS OF OUR PARENTS ASSOCIATION AND CHARGER BOOSTER CLUB.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1971.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.