Lakeside Christian School Inc

Analysis

Lakeside Christian School Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in January 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 June 2020, Lakeside Christian School Inc reported income of $2.6m and spending of $2.5m, spending 99% of its income. Across the 2 years on record, from June 2019 to June 2020, income fell from $2.7m to $2.6m (-4.6%), an average of -4.6% 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, Lakeside Christian School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Childrens Center at Usc ($2.6m), Circle Inc ($2.6m) and Connect Foundation ($2.6m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $104k (4.1% of expenses). Other salaries and wages came to $999k. At year end it held assets of $662k against liabilities of $450k, net assets of $213k. It reported 56 employees.