Redeemers School

Analysis

Redeemers School is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2023, Redeemers School reported income of $4.0m and spending of $2.3m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $4.0m (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redeemers School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MS. Charities of a similar size with the same main cause include Dimensions Educational Research Foundation ($4.0m), Winter Haven Christian School Inc ($4.0m) and Jewels School Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $122k (5.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.2m against liabilities of $22k, net assets of $5.2m. It reported 38 employees.