Elyria Christian School Inc
Analysis
Elyria Christian School Inc is a registered charity in United States, based in McPherson, KS. It received its IRS tax-exemption ruling in March 1985, 41 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, Elyria Christian School Inc reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Elyria Christian School Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Rock Steady Boxing Inc ($1.5m), Carlsbad Preparatory Academy ($1.5m) and Hunter Classical Christian School ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $52k (3.6% of expenses). Other salaries and wages came to $811k. At year end it held assets of $1.5m against liabilities of $223k, net assets of $1.3m. It reported 64 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 57%
- Other 8.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rock Steady Boxing Inc | Indianapolis | $1.5m |
| Carlsbad Preparatory Academy | Carlsbad | $1.5m |
| Hunter Classical Christian School | Richmond | $1.5m |
| Western Oklahoma Christian School | Clinton | $1.5m |