Southport Christian School

Analysis

Southport Christian School is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in March 1997, 29 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, Southport Christian School reported income of $1.3m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.3m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southport Christian School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include International Association of Women Judges ($1.3m), National Association of State Treasurers Foundation Inc ($1.3m) and Nexstar Legacy Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $57k (4.3% of expenses). Other salaries and wages came to $750k. At year end it held assets of $1.7m against liabilities of $211k, net assets of $1.5m. It reported 37 employees.