Covenant Christian School of Mason County
Analysis
Covenant Christian School of Mason County is a registered charity in United States, based in Ludington, MI. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Covenant Christian School of Mason County reported income of $604k and spending of $586k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $525k to $604k (+15%), an average of +4.8% a year. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Christian School of Mason County sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Asase Yaa Cultural Arts Foundation Inc ($604k), Tri-State Consortium Inc ($604k) and Bedford Hills Free Library ($604k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Other salaries and wages came to $295k. At year end it held assets of $1.1m against liabilities of $55k, net assets of $1.0m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 75%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Asase Yaa Cultural Arts Foundation Inc | Brooklyn | $604k |
| Tri-State Consortium Inc | Pleasantville | $604k |
| Bedford Hills Free Library | Bedford Hills | $604k |
| New York District Kiwanis Foundation Inc | Taberg | $604k |