Still Waters Christian Boarding School

Analysis

Still Waters Christian Boarding School is a registered charity in United States, based in Union, MS. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Still Waters Christian Boarding School reported income of $293k and spending of $302k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $293k (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 223%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Still Waters Christian Boarding School sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MS. Charities of a similar size with the same main cause include Henry B Allen Family Foundation ($293k), Broadway Childrens School of Oakland Inc ($293k) and Attala Corporate Child Development Center Consortium ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $80k (26% of expenses). At year end it held assets of $665k against liabilities of $39k, net assets of $626k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.