Cherry Hills Christian School

Analysis

Cherry Hills Christian School is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in February 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 2023, Cherry Hills Christian School reported income of $10.1m and spending of $8.9m, spending 88% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $11.0m to $10.1m (-7.7%), an average of -3.9% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherry Hills Christian School 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 CO. Charities of a similar size with the same main cause include Exalt Academy of Southwest Little Rock ($10.1m), Eden Christian Academy ($10.1m) and University High School of Indiana Inc ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $430k (4.8% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $11.9m against liabilities of $5.4m, net assets of $6.5m. It reported 168 employees.