Southside Christian School Upstate

Analysis

Southside Christian School Upstate is a registered charity in United States, based in Simpsonville, SC. It received its IRS tax-exemption ruling in October 2004, 22 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 May 2023, Southside Christian School Upstate reported income of $24.8m and spending of $19.2m, leaving 23% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $13.8m to $24.8m (+79%), an average of +21% a year. The sharpest change came in the year to May 2021, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southside Christian School Upstate 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 SC. Charities of a similar size with the same main cause include Abington Friends School ($24.7m), Republic Schools Nashville ($24.8m) and Key School Inc ($24.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $337k (1.8% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $43.8m against liabilities of $19.9m, net assets of $23.9m. It reported 301 employees.