Paradise Christian School & Development Center Inc

Analysis

Paradise Christian School & Development Center Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in December 1994, 32 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 2022, Paradise Christian School & Development Center Inc reported income of $3.2m and spending of $3.0m, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.9m to $3.2m (+68%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paradise Christian School & Development Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Cahn Fellows Programs Corporation ($3.2m), South Florida Academy of Learning Inc ($3.2m) and Sierra Nevada Montessori School ($3.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $253k (8.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $619k against liabilities of $766k, net assets of -$147k. It reported 55 employees.