Sioux Falls Christian Schools Association

Analysis

Sioux Falls Christian Schools Association is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Sioux Falls Christian Schools Association reported income of $21.3m and spending of $14.6m, leaving 32% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $12.3m to $21.3m (+74%), an average of +15% a year. The sharpest change came in the year to July 2023, when income rose by 40%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sioux Falls Christian Schools Association sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within SD. Charities of a similar size with the same main cause include Educational Records Bureau Inc ($21.3m), Communities in Schools of Houston Inc ($21.4m) and Steppingstone Day School Inc ($21.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 39% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $238k (1.6% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $40.8m against liabilities of $1.1m, net assets of $39.6m. It reported 413 employees.