Fredericksburg Christian Educational Services Inc

Analysis

Fredericksburg Christian Educational Services Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in April 1981, 45 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, Fredericksburg Christian Educational Services Inc reported income of $13.4m and spending of $12.6m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.0m to $13.4m (+48%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fredericksburg Christian Educational Services Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Excelsior Classical Academy - a Challenge Foundation Academy ($13.4m), Compass Academy Charter School Inc ($13.4m) and Connected Nation Inc ($13.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $221k (1.8% of expenses). Other salaries and wages came to $5.3m. It paid $66k in professional fundraising fees. At year end it held assets of $22.5m against liabilities of $7.4m, net assets of $15.0m. It reported 228 employees.