Foundation Christian School

Analysis

Foundation Christian School is a registered charity in United States, based in Gaston, SC. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation Christian School reported income of $97k and spending of $86k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $97k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation Christian School sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include PTA Texas Congress ($97k), Lodi Seventh-Day Adventist Educational Endowment Foundation ($97k) and Las Animas Housing Development Co ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.