McCalls Chapel School Inc

Analysis

McCalls Chapel School Inc is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in December 1956, 70 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, McCalls Chapel School Inc reported income of $11.9m and spending of $12.5m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $11.9m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McCalls Chapel School Inc sits at the 94th 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 97th percentile within OK. Charities of a similar size with the same main cause include San Diego Christian College ($11.9m), Texas Private School Foundation Inc ($11.9m) and Monticello Academy Inc ($11.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $202k (1.6% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $23.2m against liabilities of $14.1m, net assets of $9.1m. It reported 436 employees.