Covenant Christian School

Analysis

Covenant Christian School is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 2024, Covenant Christian School reported income of $2.2m and spending of $1.9m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $962k to $2.2m (+129%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Covenant Christian School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Ezra International ($2.2m), Hastings Family Service ($2.2m) and J K Corporation ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $431k, net assets of $1.5m. It reported 39 employees.