Midland Christian School

Analysis

Midland Christian School is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 2024, 2 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, Midland Christian School reported income of $23.2m and spending of $23.6m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $15.0m to $23.2m (+55%), an average of +9.2% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midland Christian School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include The Emery-Weiner Center for Jewish Education ($23.2m), Voices for Independence ($23.3m) and Sterling College ($23.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $414k (1.8% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $54.9m against liabilities of $12.6m, net assets of $42.3m. It reported 377 employees.