Christendom Educational Corporation

Analysis

Christendom Educational Corporation is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in January 1977, 49 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, Christendom Educational Corporation reported income of $37.1m and spending of $31.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.8m to $37.1m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christendom Educational Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Briar Cliff University ($37.1m), Simpson University ($37.2m) and Westminster Christian School ($37.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $626k (2.0% of expenses). Other salaries and wages came to $10.3m. It paid $377k in professional fundraising fees. At year end it held assets of $102.5m against liabilities of $14.5m, net assets of $88.0m. It reported 539 employees.