Seacoast Christian School

Analysis

Seacoast Christian School is a registered charity in United States, based in South Berwick, ME. It received its IRS tax-exemption ruling in June 2007, 19 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 2024, Seacoast Christian School reported income of $1.5m and spending of $772k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $420k to $1.5m (+254%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 105%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seacoast Christian School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include Mentor Inc ($1.5m), Alee Academy Inc ($1.5m) and African Career Education & Resources ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.7% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $68k (8.9% of expenses). Other salaries and wages came to $443k. At year end it held assets of $1.6m against liabilities of $407k, net assets of $1.2m. It reported 42 employees.