Southside Christian School Inc

Analysis

Southside Christian School Inc is a registered charity in United States, based in Clayton, NC. It received its IRS tax-exemption ruling in July 2018, 8 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, Southside Christian School Inc reported income of $3.6m and spending of $2.5m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.6m (+129%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southside Christian School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Nwti Education Foundation ($3.6m), Maple Street Foundation Inc ($3.6m) and Moline Christian School Society ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $83k (3.4% of expenses). Other salaries and wages came to $1.4m. It paid $45k in professional fundraising fees. At year end it held assets of $6.9m against liabilities of $2.2m, net assets of $4.7m. It reported 95 employees.