Wheaton Society for Christian Instruction

Analysis

Wheaton Society for Christian Instruction is a registered charity in United States, based in Winfield, IL. It received its IRS tax-exemption ruling in January 1961, 65 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, Wheaton Society for Christian Instruction reported income of $9.8m and spending of $8.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $9.8m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wheaton Society for Christian Instruction sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Happy Valley Foundation ($9.8m), National Center for Families Learning Inc ($9.8m) and University Preparation School Atcsu Channel Islands ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $240k (2.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $22.9m against liabilities of $507k, net assets of $22.4m. It reported 142 employees.