Newton Christian Day School Assn

Analysis

Newton Christian Day School Assn is a registered charity in United States, based in Newton, IA. It received its IRS tax-exemption ruling in December 1959, 67 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, Newton Christian Day School Assn reported income of $719k and spending of $646k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $512k to $719k (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newton Christian Day School Assn sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Buddhas Light Hsi Lai School ($719k), A Beginning Alliance ($719k) and We Care Arts ($719k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 57% of the total. Other salaries and wages came to $406k. At year end it held assets of $1.2m against liabilities of $202k, net assets of $948k. It reported 26 employees.