Linn Christian Education Association

Analysis

Linn Christian Education Association is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in September 1990, 36 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, Linn Christian Education Association reported income of $2.6m and spending of $2.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.6m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Linn Christian Education Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Northeast Dupage Special Recreation Association ($2.6m), Defiance Area Foundation Inc ($2.6m) and Abe Brown Ministries Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $4.2m against liabilities of $373k, net assets of $3.8m. It reported 63 employees.