Covenant Christian School

Analysis

Covenant Christian School is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in September 2015, 11 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 June 2024, Covenant Christian School reported income of $519k and spending of $530k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $403k to $519k (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Christian School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include The Shark Club Inc ($519k), Victory Homes ($519k) and West Virginians for Affordablehealth Care ($519k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $315k. At year end it held assets of $6,992 against liabilities of $11k, net assets of -$3,562. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.