Briarcrest Christian School System Inc

Analysis

Briarcrest Christian School System Inc is a registered charity in United States, based in Eads, TN. It received its IRS tax-exemption ruling in December 1973, 53 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, Briarcrest Christian School System Inc reported income of $31.6m and spending of $26.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.7m to $31.6m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Briarcrest Christian School System 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 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Ecmc Education Inc ($31.6m), Summit Academy Incorporated ($31.6m) and Neighborhood Charter School of Harlem ($31.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 84% of the total. Other salaries and wages came to $12.3m. At year end it held assets of $84.6m against liabilities of $45.4m, net assets of $39.2m. It reported 411 employees.