Groveport Madison Christian School
Analysis
Groveport Madison Christian School is a registered charity in United States, based in Groveport, OH. It received its IRS tax-exemption ruling in September 1995, 31 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, Groveport Madison Christian School reported income of $5.5m and spending of $5.1m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $5.5m (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 33%. 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, Groveport Madison Christian School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Fayetteville State University Foundation Inc ($5.5m), Moody Early Childhood Center ($5.5m) and Tupelo Christian Preparatory School Inc ($5.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $241k (4.7% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $4.6m against liabilities of $955k, net assets of $3.6m. It reported 142 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 74%
- Other 8.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fayetteville State University Foundation Inc | Fayetteville | $5.5m |
| Moody Early Childhood Center | Galveston | $5.5m |
| Tupelo Christian Preparatory School Inc | Belden | $5.5m |
| Virginia Commonwealth University College of Engineering Foundation | Richmond | $5.5m |