Southcrest Christian School Inc

Analysis

Southcrest Christian School Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 July 2023, Southcrest Christian School Inc reported income of $3.1m and spending of $3.8m, spending 120% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $2.7m to $3.1m (+15%), an average of +4.8% a year. The sharpest change came in the year to July 2021, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southcrest Christian School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include The Brilliance School ($3.1m), Texas A&m San Antonio Foundation ($3.1m) and Hnba Via-Vision in Action-Fund ($3.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.9% and program service revenue 89% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $2.8m against liabilities of $3.5m, net assets of -$637k.