Lynden Christian School Endowment Fund

Analysis

Lynden Christian School Endowment Fund is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Lynden Christian School Endowment Fund reported income of $7.2m and spending of $995k, leaving 86% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $959k to $7.2m (+647%), an average of +65% a year. The sharpest change came in the year to August 2023, when income rose by 247%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lynden Christian School Endowment Fund sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Little Priest Tribal College ($7.2m), Cowden Street Collaborative ($7.2m) and Hamilton County Mathematics and Science Academy ($7.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $25k (2.5% of expenses). At year end it held assets of $22.1m against liabilities of $3,110, net assets of $22.1m.