Borculo Christian School

Analysis

Borculo Christian School is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in August 1989, 37 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, Borculo Christian School reported income of $2.0m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.0m (+85%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Borculo Christian School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Duet Partners in Health & Aging Inc ($2.0m), Finlandia Foundation National Inc ($2.0m) and Staunton-Augusta County First Aid and Rescue Squad Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $60k (3.7% of expenses). Other salaries and wages came to $890k. At year end it held assets of $1.7m against liabilities of $42k, net assets of $1.7m. It reported 44 employees.