Lake Area Christian School Association Inc

Analysis

Lake Area Christian School Association Inc is a registered charity in United States, based in Sturgis, MI. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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, Lake Area Christian School Association Inc reported income of $263k and spending of $246k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $137k to $263k (+92%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 177%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Area Christian School Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Crime Prevention Program of Southern California ($263k), Atlantic Volunteer Fire and Rescue Company Incorporated ($263k) and American Society of Civil Engineers ($263k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 58% of the total. Other salaries and wages came to $148k. At year end it held assets of $538k against liabilities of $34k, net assets of $504k. It reported 19 employees.