Faith Christian School

Analysis

Faith Christian School is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in March 1997, 29 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, Faith Christian School reported income of $3.8m and spending of $4.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.1m to $3.8m (-5.7%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 33%. 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, Faith Christian School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Listen and Talk ($3.8m), Rising Leaders Academy Inc ($3.8m) and Sierra Business Council ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $262k (6.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.3m against liabilities of $1.2m, net assets of $5.1m. It reported 86 employees.