Galesburg Christian School Association Inc

Analysis

Galesburg Christian School Association Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in December 1996, 30 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 May 2023, Galesburg Christian School Association Inc reported income of $1.8m and spending of $1.5m, spending 80% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $922k to $1.8m (+100%), an average of +26% a year. The sharpest change came in the year to May 2023, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Galesburg Christian School Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Jackson County Child Abuse Task Force ($1.8m), Offender Alumni Association ($1.8m) and Habitat for Humanity International Inc ($1.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 23% and program service revenue 72% of the total. Other salaries and wages came to $959k. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $433k. It reported 60 employees.