Covenant Christian School

Analysis

Covenant Christian School is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in October 2010, 16 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 December 2023, Covenant Christian School reported income of $467k and spending of $617k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $740k to $467k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Christian School sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Antiochian House of Studies Inc ($467k), Flying Panthers Foundation ($467k) and Senior Citizens Activities Network Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $447k. At year end it held assets of $72k against liabilities of $9,884, net assets of $63k. It reported 31 employees.