Mariners Christian School

Analysis

Mariners Christian School is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in August 1987, 39 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 2023, Mariners Christian School reported income of $13.4m and spending of $11.9m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.9m to $13.4m (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mariners Christian School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Public Citizen Foundation Inc ($13.4m), Center for Autism ($13.4m) and Food Bank of East Alabama Inc ($13.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $502k (4.2% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $28.2m against liabilities of $9.2m, net assets of $19.0m. It reported 153 employees.