Shoreline Christian School

Analysis

Shoreline Christian School is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in February 1954, 72 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 August 2023, Shoreline Christian School reported income of $4.0m and spending of $3.2m, spending 80% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.1m to $4.0m (+93%), an average of +18% a year. The sharpest change came in the year to August 2022, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shoreline Christian School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Winter Haven Christian School Inc ($4.0m), Alpena Community College Foundation ($4.0m) and Redeemers School ($4.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $2.0m (63% of expenses). At year end it held assets of $6.4m against liabilities of $3.2m, net assets of $3.3m. It reported 73 employees.