Lakeland Christian School Inc

Analysis

Lakeland Christian School Inc is a registered charity in United States, based in Lakeland, FL. 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, Lakeland Christian School Inc reported income of $23.9m and spending of $21.9m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $20.9m to $23.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeland Christian School Inc sits at the 97th 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 FL. Charities of a similar size with the same main cause include University of California Home Loan Program Corporation ($23.9m), Saint Marys Hall Inc ($23.9m) and Little Rock Christian Academy Inc ($23.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $425k (1.9% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $68.9m against liabilities of $3.4m, net assets of $65.5m. It reported 342 employees.