Christian Education Incorporated

Analysis

Christian Education Incorporated is a registered charity in United States, based in Antioch, TN. It received its IRS tax-exemption ruling in February 1973, 53 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, Christian Education Incorporated reported income of $6.8m and spending of $6.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $6.8m (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Education Incorporated 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 94th percentile within TN. Charities of a similar size with the same main cause include Oldfields School Inc ($6.8m), Peoria Charter School Initiative Co ($6.8m) and Sierra Charter School ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $244k (3.5% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $2.9m against liabilities of $5.2m, net assets of -$2.4m. It reported 153 employees.