Norfolk Christian Schools

Analysis

Norfolk Christian Schools is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Norfolk Christian Schools reported income of $13.7m and spending of $11.7m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.5m to $13.7m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 23%. 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, Norfolk Christian Schools sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Creation Foundation Inc ($13.7m), The Phoenix Center Inc ($13.7m) and Phoenix Academy Inc ($13.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $152k (1.3% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $9.3m against liabilities of $3.3m, net assets of $6.0m. It reported 253 employees.