Springfield Christian School

Analysis

Springfield Christian School is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in October 2008, 18 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 December 2023, Springfield Christian School reported income of $496k and spending of $421k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $496k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 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, Springfield Christian School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Bedford North Lawrence Scholarship Foundation Inc ($496k), Bethlehem Lutheran Preschool Inc ($497k) and Horace Greeley Scholarship Fund Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $85k (20% of expenses). Other salaries and wages came to $239k. At year end it held assets of $757k against liabilities of $8,895, net assets of $749k. It reported 21 employees.