Christian Institute of Arts and Sciences Inc
Analysis
Christian Institute of Arts and Sciences Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Christian Institute of Arts and Sciences Inc reported income of $779k and spending of $776k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $779k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Institute of Arts and Sciences Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Timothy Society for Christian Instruction Inc ($779k), Liberty Christian School ($779k) and Friendship Circle of Greater Fort Lauderdale ($779k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 102% of the total. Compensation of current officers, directors and key employees was $145k (19% of expenses). Other salaries and wages came to $392k. At year end it held assets of $154k against liabilities of $43k, net assets of $111k. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.1%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Timothy Society for Christian Instruction Inc | Wellsburg | $779k |
| Liberty Christian School | Redding | $779k |
| Friendship Circle of Greater Fort Lauderdale | Ft Lauderdale | $779k |
| Loan Repayment Assistance Foundation | Lisle | $779k |