Society for Protestant Reformed Secondary Education

Analysis

Society for Protestant Reformed Secondary Education is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Society for Protestant Reformed Secondary Education reported income of $5.5m and spending of $4.1m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.3m to $5.5m (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Society for Protestant Reformed Secondary Education sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Geneva Camp & Retreat Center ($5.5m), Oral Roberts Evangelistic Association ($5.5m) and Islamic Circle of North America Inc ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $16.6m against liabilities of $72k, net assets of $16.5m. It reported 71 employees.