Summit Christian School Inc

Analysis

Summit Christian School Inc is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in October 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 July 2024, Summit Christian School Inc reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.1m to $1.9m (+72%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 100%. 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, Summit Christian School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Friends of Equality Charter School Inc ($1.9m), Marcana Enterprises Inc ($1.9m) and The Sharon Cooperative School Inc ($1.9m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.1m against liabilities of $432k, net assets of $1.6m. It reported 59 employees.