Elim Christian School Foundation

Analysis

Elim Christian School Foundation is a registered charity in United States, based in Crestwood, IL. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Elim Christian School Foundation reported income of $846k and spending of $1.0m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $846k (-45%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 47%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elim Christian School Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Dale City Community Services Corporation ($846k), Team Up Mentoring Inc ($846k) and New Heights Christian School ($846k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $19.9m against liabilities of $420k, net assets of $19.5m.