Indianapolis Christian School System Inc

Analysis

Indianapolis Christian School System Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 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 May 2023, Indianapolis Christian School System Inc reported income of $5.7m and spending of $6.4m, spending 113% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.8m to $5.7m (+51%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 31%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indianapolis Christian School System Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include St Marys Charter School ($5.7m), Union Day School Inc ($5.7m) and Stride Learning Center ($5.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $126k (2.0% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $1.9m against liabilities of $1.5m, net assets of $397k. It reported 126 employees.