Veritas Christian School Inc

Analysis

Veritas Christian School Inc is a registered charity in United States, based in Sulphur, OK. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Veritas Christian School Inc reported income of $281k and spending of $308k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $210k to $281k (+33%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Veritas Christian School Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include Santa Fe Texas Education Foundation ($281k), LCM All Sports Booster 2021 ($281k) and Bloom Community School Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $203k. At year end it held assets of $94k against liabilities of $47k, net assets of $46k. It reported 15 employees.