Faith Christian Educators
Analysis
Faith Christian Educators is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 May 2023, Faith Christian Educators reported income of $817k and spending of $838k, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $689k to $817k (+19%), an average of +4.4% a year. The sharpest change came in the year to May 2021, when income rose by 83%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Christian Educators 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 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include New American Conservatory Inc ($817k), Jefferson City Public Schools Foundation ($817k) and University of New Mexico Alumni Association ($817k).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $72k (8.6% of expenses). Other salaries and wages came to $459k. At year end it held assets of $830k against liabilities of $559k, net assets of $271k. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.5%
- Program services 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New American Conservatory Inc | Fort Wayne | $817k |
| Jefferson City Public Schools Foundation | Jefferson Cty | $817k |
| University of New Mexico Alumni Association | Albuquerque | $817k |
| International Trumpet Guild | Hattiesburg | $817k |