Woodcrest Christian School System

Analysis

Woodcrest Christian School System is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 2016, 10 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 July 2023, Woodcrest Christian School System reported income of $12.3m and spending of $12.4m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $8.9m to $12.3m (+38%), an average of +8.3% a year. The sharpest change came in the year to July 2022, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodcrest Christian School System sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include National Consortium for Graduate DGRS Minorities in Engineering ($12.3m), Allegro School Incorporated ($12.3m) and Vista Oaks Charter School ($12.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $557k (4.5% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $10.4m against liabilities of $3.1m, net assets of $7.3m. It reported 196 employees.