Rhema Christian School
Analysis
Rhema Christian School is a registered charity in United States, based in Coraopolis, PA. It received its IRS tax-exemption ruling in March 1998, 28 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 2023, Rhema Christian School reported income of $1.0m and spending of $991k, spending 97% of its income. Across the 5 years on record, from July 2019 to June 2023, income grew from $887k to $1.0m (+15%), an average of +3.7% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rhema Christian School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Blue Ridge Healthcare Foundation Inc ($1.0m), Altoona Area School District Foundation ($1.0m) and Red Hill Christian School ($1.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $56k (5.6% of expenses). Other salaries and wages came to $492k. At year end it held assets of $617k against liabilities of $376k, net assets of $241k. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 62%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Blue Ridge Healthcare Foundation Inc | Morganton | $1.0m |
| Altoona Area School District Foundation | Altoona | $1.0m |
| Red Hill Christian School | Red Hill | $1.0m |
| Olentangy Berlin Athletic Boosters | Delaware | $1.0m |