Venice Christian School Private School

Analysis

Venice Christian School Private School is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in November 1990, 36 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 2023, Venice Christian School Private School reported income of $3.7m and spending of $2.5m, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $3.7m (+69%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Venice Christian School Private School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Prevention Resources Inc ($3.7m), Northeastern Illinois University Foundation ($3.7m) and Greater Cleveland Sports Commission ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $103k (4.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.9m against liabilities of $305k, net assets of $5.5m. It reported 41 employees.