Tri-State Christian School Association

Analysis

Tri-State Christian School Association is a registered charity in United States, based in Asbury, IA. It received its IRS tax-exemption ruling in October 1992, 34 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-State Christian School Association reported income of $1.7m and spending of $1.4m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $877k to $1.7m (+95%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 50%. 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-State Christian School Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Ballet Hawaii ($1.7m), Upper Room Housing Corporation ($1.7m) and Binghampton Christian Academy ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $60k (4.3% of expenses). Other salaries and wages came to $490k. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.4m. It reported 40 employees.