Christ School Inc

Analysis

Christ School Inc is a registered charity in United States, based in Arden, NC. It received its IRS tax-exemption ruling in March 1944, 82 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, Christ School Inc reported income of $18.3m and spending of $21.2m, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $16.3m to $18.3m (+12%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christ School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Institute for Human & Social Development Inc ($18.3m), Nevada Virtual Charter School ($18.3m) and Cheyenne Mountain Charter Academy ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $570k (2.7% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $46.6m against liabilities of $2.6m, net assets of $44.0m. It reported 153 employees.