Salem Christian School

Analysis

Salem Christian School is a registered charity in United States, based in Gum Spring, VA. It received its IRS tax-exemption ruling in December 2002, 24 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 January 2024, Salem Christian School reported income of $572k and spending of $777k, spending 136% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $715k to $572k (-20%), an average of -5.4% a year. The sharpest change came in the year to January 2024, when income dropped by 34%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salem Christian School sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Support and Training for Exceptional Parents Inc ($572k), Bais Menachem Yeshiva Day School ($572k) and University of Puerto Rico Foundation Inc ($572k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $36k (4.7% of expenses). Other salaries and wages came to $558k. At year end it held assets of $414k against liabilities of $275k, net assets of $139k. It reported 24 employees.