Redeemer Classical School

Analysis

Redeemer Classical School is a registered charity in United States, based in Keezletown, VA. It received its IRS tax-exemption ruling in July 2003, 23 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, Redeemer Classical School reported income of $2.8m and spending of $1.6m, leaving 43% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $2.8m (+124%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redeemer Classical School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Garfield County Frontier Fair Association ($2.8m), Summit Academy of Greater Louisville Inc ($2.8m) and St Stephens Academy ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $91k (5.7% of expenses). Other salaries and wages came to $650k. At year end it held assets of $3.7m against liabilities of $979k, net assets of $2.7m. It reported 60 employees.