Washington Christian School Society Inc

Analysis

Washington Christian School Society Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in June 1963, 63 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 2023, Washington Christian School Society Inc reported income of $4.1m and spending of $3.7m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.3m to $4.1m (+24%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington Christian School Society Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include MDQ Academy ($4.1m), Faith Academy of Bellville ($4.1m) and Presentation School ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $173k (4.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.0m against liabilities of $1.5m, net assets of -$518k. It reported 84 employees.