Traverse City Christian School Association

Analysis

Traverse City Christian School Association is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in December 1994, 32 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, Traverse City Christian School Association reported income of $2.9m and spending of $2.4m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.9m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Traverse City Christian School Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Samaritan Counseling Center of the Fox Valley Inc ($2.9m), Spokane Regional Sports Commission ($2.9m) and St Elizabeth Nursery & Montessori School Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $111k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.0m against liabilities of $805k, net assets of $3.2m. It reported 91 employees.