Faith Christian School

Analysis

Faith Christian School is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in December 1996, 30 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, Faith Christian School reported income of $1.2m and spending of $945k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $643k to $1.2m (+91%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith Christian School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Kennedy Heights Montessori Center ($1.2m), Utility Consumers Action Network ($1.2m) and Ohio Baptist Camps ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $523k. At year end it held assets of $2.9m against liabilities of $28k, net assets of $2.9m. It reported 32 employees.