Tri-County Christian School

Analysis

Tri-County Christian School is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in December 1984, 42 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, Tri-County Christian School reported income of $1.1m and spending of $781k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $713k to $1.1m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-County Christian School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Highlands County Family Y M C a Inc ($1.1m), County of Mono Economic Development Corporation ($1.1m) and Habitat for Humanity International Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $54k (7.0% of expenses). Other salaries and wages came to $474k. At year end it held assets of $2.0m against liabilities of $553k, net assets of $1.5m. It reported 31 employees.