Redeemer Classical School Inc

Analysis

Redeemer Classical School Inc is a registered charity in United States, based in Ft Wayne, IN. It received its IRS tax-exemption ruling in October 2020, 6 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, Redeemer Classical School Inc reported income of $401k and spending of $300k, leaving 25% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $210k to $401k (+91%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 51%. Over the whole period it spent 80% 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 Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Canaan Christian Academy Inc ($401k), Gilbert Brown Foundation ($401k) and Olmsted County Agricultural Association ($401k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). Other salaries and wages came to $167k. At year end it held assets of $312k against liabilities of $0, net assets of $312k. It reported 5 employees.