Westminster Christian School

Analysis

Westminster Christian School is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in June 1963, 63 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, Westminster Christian School reported income of $37.1m and spending of $31.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.4m to $37.1m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westminster Christian School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Nebraska Student Loan Program Inc ($37.0m), Briar Cliff University ($37.1m) and St Michaels University School Society ($37.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $643k (2.0% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $80.4m against liabilities of $45.6m, net assets of $34.8m. It reported 304 employees.