Fellowship of Christians in Universities and Schools Inc

Analysis

Fellowship of Christians in Universities and Schools Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Fellowship of Christians in Universities and Schools Inc reported income of $5.6m and spending of $5.3m, spending 94% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $4.4m to $5.6m (+26%), an average of +5.9% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fellowship of Christians in Universities and Schools Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Morning Star Academy ($5.6m), Tapestry School Inc ($5.6m) and Brentwood School Inc ($5.6m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 80% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $331k (6.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $17.7m against liabilities of $818k, net assets of $16.9m. It reported 68 employees.