Statesville Christian School Inc

Analysis

Statesville Christian School Inc is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in October 1995, 31 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, Statesville Christian School Inc reported income of $3.2m and spending of $2.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.2m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Statesville Christian School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Golden Gate Kindergarten Assoc ($3.2m), Icon Preparatory School Jacksonville Inc ($3.2m) and Archild Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $88k (3.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.9m against liabilities of $672k, net assets of $3.2m. It reported 75 employees.