Redeemer School Inc

Analysis

Redeemer School Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 1996, 30 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, Redeemer School Inc reported income of $2.4m and spending of $2.2m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.4m (+63%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redeemer School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Ave Maria Academy ($2.4m), Uiw International Inc ($2.4m) and Exodus School ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $100k (4.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $146k, net assets of $1.2m. It reported 46 employees.