Greenwood Christian School Inc

Analysis

Greenwood Christian School Inc is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in March 1993, 33 years ago. 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, Greenwood Christian School Inc reported income of $2.8m and spending of $2.9m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $2.8m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenwood Christian School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Big Brothers-Big Sisters of Long Island Inc ($2.8m), Dakota Plains Legal Services Inc ($2.8m) and Habitat for Humanity International Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $79k (2.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.4m against liabilities of $2.1m, net assets of $1.2m. It reported 90 employees.