Miami Christian School

Analysis

Miami Christian School is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 1956, 70 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, Miami Christian School reported income of $4.5m and spending of $3.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.5m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miami Christian School 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 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Headstart Child and Family Services Inc ($4.5m), Ohio Foundation of Independent Colleges Inc ($4.5m) and College for Kids Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $212k (6.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.1m against liabilities of $395k, net assets of $3.7m. It reported 59 employees.