Richmond Christian School Inc

Analysis

Richmond Christian School Inc is a registered charity in United States, based in Chesterfield, VA. It received its IRS tax-exemption ruling in October 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 July 2024, Richmond Christian School Inc reported income of $2.8m and spending of $2.7m, spending 96% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $2.1m to $2.8m (+35%), an average of +6.2% a year. The sharpest change came in the year to July 2021, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Richmond Christian School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Illinois Elementary School Association Incorporated ($2.8m), New Plan Learning Inc ($2.8m) and Oak Academies Inc ($2.8m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 1.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $130k (4.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.0m against liabilities of $896k, net assets of $2.1m. It reported 81 employees.