True Light Christian School

Analysis

True Light Christian School is a registered charity in United States, based in Marshall, MN. It received its IRS tax-exemption ruling in February 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, True Light Christian School reported income of $667k and spending of $682k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $662k to $667k (+0.8%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, True Light Christian School sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include The Samaritan House Inc ($667k), Franciscan Mountain Retreat Inc ($667k) and Chai Corporation C/O Joseph Guttman ($667k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Other salaries and wages came to $455k. At year end it held assets of $333k against liabilities of $2,562, net assets of $330k. It reported 28 employees.