Fremont Christian School

Analysis

Fremont Christian School is a registered charity in United States, based in Fremont, MI. It received its IRS tax-exemption ruling in May 1952, 74 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 August 2023, Fremont Christian School reported income of $1.8m and spending of $2.2m, spending 124% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $1.8m (+10%), an average of +2.5% a year. The sharpest change came in the year to August 2021, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fremont Christian School 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 MI. Charities of a similar size with the same main cause include Childrens Place at the Plaza Inc ($1.8m), Areawide Housing for the Elderly of Broward Inc ($1.8m) and Habitat for Humanity International Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 31% and program service revenue 65% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.6m against liabilities of $84k, net assets of $4.6m. It reported 50 employees.