Ada Christian School Society

Analysis

Ada Christian School Society is a registered charity in United States, based in Ada, MI. It received its IRS tax-exemption ruling in May 1947, 79 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, Ada Christian School Society reported income of $9.9m and spending of $6.5m, leaving 34% of income unspent that year. Across the 4 years on record, from August 2020 to June 2023, income grew from $5.1m to $9.9m (+95%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ada Christian School Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Greater Brunswick Regional Charter School ($9.9m), Tower School in Marblehead Inc ($9.9m) and Springfield Museums Corporation ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $124k (1.9% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $16.6m against liabilities of $1.2m, net assets of $15.4m. It reported 128 employees.