Portland Christian School System Inc

Analysis

Portland Christian School System Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2006, 20 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, Portland Christian School System Inc reported income of $13.5m and spending of $7.0m, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $13.5m (+187%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Portland Christian School System Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include The Baruch College Fund ($13.5m), American Youth Academy Inc ($13.5m) and Global Village Academy - Aurora ($13.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 41% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $15.1m against liabilities of $2.0m, net assets of $13.1m. It reported 133 employees.