Holly Grove Christian School Inc

Analysis

Holly Grove Christian School Inc is a registered charity in United States, based in Westover, MD. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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, Holly Grove Christian School Inc reported income of $4.0m and spending of $4.0m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.3m to $4.0m (+19%), an average of +4.4% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holly Grove Christian School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Golf Brevard Inc ($3.9m), Historical Association of Southern Florida Inc ($4.0m) and World Senior Games Inc ($3.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $66k (1.7% of expenses). At year end it held assets of $3.6m against liabilities of $537k, net assets of $3.0m. It reported 85 employees.