Newberry Christian Community School Inc

Analysis

Newberry Christian Community School Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Newberry Christian Community School Inc reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.2m (+42%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newberry Christian Community School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Educate Maine ($2.2m), Monroe Christian School Society ($2.2m) and Erudite Technology Group ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $195k (9.3% of expenses). Other salaries and wages came to $900k. At year end it held assets of $2.3m against liabilities of $1.5m, net assets of $742k. It reported 40 employees.