Covenant Community School Inc

Analysis

Covenant Community School Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in June 2024, 2 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 December 2023, Covenant Community School Inc reported income of $597k and spending of $587k, spending 98% of its income. Across the 6 years on record, from June 2017 to December 2023, income fell from $621k to $597k (-3.9%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Community School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OK. Charities of a similar size with the same main cause include Forum for the Future of Higher Education ($597k), International Youth Fellowship Educational Foundation ($597k) and Burlington Little School ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 96% of the total. Other salaries and wages came to $404k. At year end it held assets of $894k against liabilities of $727k, net assets of $167k. It reported 65 employees.