Hope Christian Schools Inc

Analysis

Hope Christian Schools Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in April 2012, 14 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, Hope Christian Schools Inc reported income of $29.0m and spending of $28.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.2m to $29.0m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Christian Schools Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include The Alliance for Community Wellness ($29.0m), Lutheran Home for the Aged ($29.0m) and Mental Health Center for Southern New Hampshire Inc ($29.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $9.7m. At year end it held assets of $10.3m against liabilities of $1.3m, net assets of $9.0m. It reported 404 employees.