The Covenant School of Jacksonville Inc

Analysis

The Covenant School of Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2009, 17 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, The Covenant School of Jacksonville Inc reported income of $4.6m and spending of $3.3m, leaving 28% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $4.3m to $4.6m (+6.4%), an average of +6.4% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Covenant School of Jacksonville Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Compass Montessori School ($4.6m), Keren-Or Inc ($4.6m) and Nysut Education and Learning TR ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $10.5m against liabilities of $6.7m, net assets of $3.7m. It reported 89 employees.