Southwestern Christian College

Analysis

Southwestern Christian College is a registered charity in United States, based in Terrell, TX. It received its IRS tax-exemption ruling in December 1950, 76 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, Southwestern Christian College reported income of $10.0m and spending of $5.9m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $10.0m (+146%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern Christian College sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Queen City Academy Charter School Inc ($10.0m), Kalamazoo Christian School Association ($10.0m) and Ieee Foundation Inc ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $339k (5.8% of expenses). At year end it held assets of $8.9m against liabilities of $646k, net assets of $8.3m. It reported 39 employees.