Carolina Christian School of Locust North Carolina Inc

Analysis

Carolina Christian School of Locust North Carolina Inc is a registered charity in United States, based in Locust, NC. It received its IRS tax-exemption ruling in January 2021, 5 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, Carolina Christian School of Locust North Carolina Inc reported income of $3.2m and spending of $2.6m, spending 81% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.7m to $3.2m (+94%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carolina Christian School of Locust North Carolina Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Berkshire Country Day School Inc ($3.2m), Grace Christian School of Ocala Florida Inc ($3.2m) and Yeshivat Chovevei Torah Rabbinical School Ltd ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 49% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.4m against liabilities of $440k, net assets of $925k. It reported 88 employees.