Sully Christian School

Analysis

Sully Christian School is a registered charity in United States, based in Sully, IA. It received its IRS tax-exemption ruling in December 1956, 70 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 May 2024, Sully Christian School reported income of $704k and spending of $762k, spending 108% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $502k to $704k (+40%), an average of +8.8% a year. The sharpest change came in the year to May 2023, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sully Christian School sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Harbor Historical Association of Georgetown ($703k), Al Manara Academy ($704k) and Global Center for Culturalentrepreneurship ($703k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $398k (52% of expenses). At year end it held assets of $344k against liabilities of $0, net assets of $344k. It reported 15 employees.