Southwest Minnesota Christian Schools

Analysis

Southwest Minnesota Christian Schools is a registered charity in United States, based in Edgerton, MN. It received its IRS tax-exemption ruling in April 1953, 73 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Southwest Minnesota Christian Schools reported income of $4.6m and spending of $4.3m, spending 92% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.3m to $4.6m (+245%), an average of +36% a year. The sharpest change came in the year to May 2021, when income rose by 113%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Minnesota Christian Schools sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Native Prairies Association of Texas ($4.6m), Telesis Center for Learning Inc ($4.6m) and Walker Senior Services Inc ($4.6m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $208k (4.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.3m against liabilities of $707k, net assets of $6.6m. It reported 102 employees.