Christian Schools Inc

Analysis

Christian Schools Inc is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in January 1965, 61 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, Christian Schools Inc reported income of $15.3m and spending of $13.7m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $10.8m to $15.3m (+41%), an average of +9.1% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Schools Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Agency on Aging of South Central Connecticut Inc ($15.2m), Louise S McGehee School ($15.3m) and The Urban Child Institute ($15.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $182k (1.3% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $19.5m against liabilities of $1.8m, net assets of $17.7m. It reported 243 employees.