Fideles Christian School Inc
Analysis
Fideles Christian School Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in May 2007, 19 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 June 2023, Fideles Christian School Inc reported income of $2.7m and spending of $2.3m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.7m (+103%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Fideles Christian School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Johnson City Public Library ($2.7m), Midwest University ($2.7m) and Belton Preparatory Academy Inc ($2.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $80k (3.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.3m against liabilities of $959k, net assets of $1.3m. It reported 66 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.2%
- Program services 86%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Johnson City Public Library | Johnson City | $2.7m |
| Midwest University | Wentzville | $2.7m |
| Belton Preparatory Academy Inc | Belton | $2.7m |
| Cedar Falls Community Schoolsfoundation | Cedar Falls | $2.7m |