Mid-South Christian College

Analysis

Mid-South Christian College is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 1976, 50 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 2024, Mid-South Christian College reported income of $1.8m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $1.8m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2024, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-South Christian College sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Northfield Montessori ($1.8m), Moody Methodist Day School ($1.8m) and Buchanan Foundation ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $52k (3.1% of expenses). Other salaries and wages came to $670k. At year end it held assets of $2.4m against liabilities of $70k, net assets of $2.3m. It reported 35 employees.