Redeemer Lutheran School

Analysis

Redeemer Lutheran School is a registered charity in United States, based in Verona, PA. It received its IRS tax-exemption ruling in September 2012, 14 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, Redeemer Lutheran School reported income of $2.5m and spending of $1.8m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.5m (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redeemer Lutheran School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Classroom Champions Inc ($2.5m), San Francisco Jewish Comm Publications ($2.5m) and Collegetracks Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $94k (5.3% of expenses). Other salaries and wages came to $938k. At year end it held assets of $2.4m against liabilities of $867k, net assets of $1.6m. It reported 52 employees.