North Cross School

Analysis

North Cross School is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in February 1964, 62 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, North Cross School reported income of $14.5m and spending of $14.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.2m to $14.5m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Cross School 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 Connections Thru Life Inc ($14.4m), Coe-Brown Northwood Academy ($14.5m) and Wyoming Catholic College ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $331k (2.3% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $25.9m against liabilities of $5.6m, net assets of $20.3m. It reported 245 employees.