Nashville Christian Schools Inc

Analysis

Nashville Christian Schools Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 1972, 54 years ago. 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, Nashville Christian Schools Inc reported income of $18.5m and spending of $12.1m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $18.5m (+72%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nashville Christian Schools Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Bethany Health Care Center Inc ($18.5m), Lake Forest Country Day School ($18.5m) and Saluda County Nursing Home Board Saluda Nursing Center ($18.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $326k (2.7% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $24.3m against liabilities of $6.6m, net assets of $17.7m. It reported 210 employees.