Worthington Christian School

Analysis

Worthington Christian School is a registered charity in United States, based in Worthington, MN. It received its IRS tax-exemption ruling in April 1979, 47 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 May 2023, Worthington Christian School reported income of $496k and spending of $598k, spending 120% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $450k to $496k (+10%), an average of +2.5% a year. The sharpest change came in the year to May 2021, when income rose by 46%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worthington Christian School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Florida Agriculture in the Classroom Inc ($496k), New Matamoras Area Housing Co ($496k) and East Bay Depot of Bay Area Creative Re-Use Inc ($496k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Other salaries and wages came to $362k. At year end it held assets of $1.0m against liabilities of $28k, net assets of $990k. It reported 26 employees.