Central Holmes Christian School

Analysis

Central Holmes Christian School is a registered charity in United States, based in Lexington, MS. It received its IRS tax-exemption ruling in November 2000, 26 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 2024, Central Holmes Christian School reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.6m (+28%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 78%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Holmes Christian School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within MS. Charities of a similar size with the same main cause include South Choctaw Academy Inc ($1.6m), Hill Country Montessori School Inc ($1.6m) and Wichita Public Library Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $195k, net assets of $1.2m. It reported 59 employees.