East Palmyra Christian School Inc

Analysis

East Palmyra Christian School Inc is a registered charity in United States, based in Palmyra, NY. It received its IRS tax-exemption ruling in September 1949, 77 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 July 2023, East Palmyra Christian School Inc reported income of $892k and spending of $489k, leaving 45% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $419k to $892k (+113%), an average of +21% a year. The sharpest change came in the year to July 2021, when income rose by 48%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Palmyra Christian School Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Episcopal Management Corporation for St Marks Garden Inc ($892k), St Lukes Hospital Foundation Inc ($892k) and Lifebridge Partnership ($892k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 37% and program service revenue 55% of the total. Other salaries and wages came to $240k. At year end it held assets of $1.2m against liabilities of $56k, net assets of $1.1m. It reported 32 employees.