Life Way Christian School Inc

Analysis

Life Way Christian School Inc is a registered charity in United States, based in Centerton, AR. It received its IRS tax-exemption ruling in January 2010, 16 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 July 2024, Life Way Christian School Inc reported income of $4.3m and spending of $4.0m, spending 93% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $2.6m to $4.3m (+63%), an average of +10% a year. The sharpest change came in the year to July 2024, when income rose by 25%. 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, Life Way Christian School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include Code Nation Inc ($4.3m), Excelsior Charter Group ($4.3m) and Wilmington Montessori School ($4.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $1.2m against liabilities of $367k, net assets of $822k. It reported 119 employees.