Dayspring Christian Schools Inc

Analysis

Dayspring Christian Schools Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in July 2001, 25 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, Dayspring Christian Schools Inc reported income of $729k and spending of $708k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $689k to $729k (+5.8%), an average of +1.4% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dayspring Christian Schools Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Ireton Society for Christian Instruction ($729k), Friends of the Huntington Beach Public Library ($729k) and Mizel Jewish Community Day School ($729k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $40k (5.6% of expenses). Other salaries and wages came to $362k. At year end it held assets of $518k against liabilities of $279k, net assets of $239k. It reported 40 employees.