Redwood Christian Schools
Analysis
Redwood Christian Schools is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in July 1970, 56 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, Redwood Christian Schools reported income of $10.3m and spending of $10.2m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $11.2m to $10.3m (-8.2%), an average of -2.1% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Redwood Christian Schools sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include First State Montessori Academy Inc ($10.2m), Summit Learning Center ($10.3m) and Virginia Commonwealth University Real Estate Foundation ($10.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.0% and program service revenue 81% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $11.8m against liabilities of $715k, net assets of $11.1m.
Income and spending
Where the income comes from
- Contributions & grants 6.0%
- Program services 81%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| First State Montessori Academy Inc | Wilmington | $10.2m |
| Summit Learning Center | Eagle Creek | $10.3m |
| Virginia Commonwealth University Real Estate Foundation | Richmond | $10.2m |
| Innovation Charter High School | New York | $10.3m |