Abundant Life Christian Schoolfoundation Inc

Analysis

Abundant Life Christian Schoolfoundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 2008, 18 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 June 2024, Abundant Life Christian Schoolfoundation Inc reported income of $869k and spending of $432k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $694k to $869k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abundant Life Christian Schoolfoundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Freedom City Inc ($869k), Pennsylvania Cpa Foundation ($869k) and Georgia United Credit Union Foundation Inc ($869k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.