Southwest Covenant Schools Incorporated

Analysis

Southwest Covenant Schools Incorporated is a registered charity in United States, based in Yukon, OK. It received its IRS tax-exemption ruling in May 1983, 43 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 2024, Southwest Covenant Schools Incorporated reported income of $7.8m and spending of $8.6m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.9m to $7.8m (+33%), an average of +5.9% a year. The sharpest change came in the year to June 2020, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Covenant Schools Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OK. Charities of a similar size with the same main cause include Indigenous Education Inc ($7.8m), Covenant Christian School ($7.8m) and Bay Area Technology School ($7.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 55% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $17.1m against liabilities of $3.1m, net assets of $13.9m. It reported 153 employees.