Christian Cottage Prep

Analysis

Christian Cottage Prep is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 2018, 8 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, Christian Cottage Prep reported income of $234k and spending of $255k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $198k to $234k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Cottage Prep sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Montour Falls Memorial Library ($234k), Kaiser Elementary School ($234k) and Texas East Gymnastics Booster Club Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (14% of expenses). Other salaries and wages came to $86k. At year end it held assets of $37k against liabilities of $3,240, net assets of $34k. It reported 12 employees.