Cypress Christian School Inc

Analysis

Cypress Christian School Inc is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in March 1979, 47 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, Cypress Christian School Inc reported income of $15.9m and spending of $14.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $15.9m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cypress Christian School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Drexel Foundation for Educational Excellence Inc ($15.9m), Hannibal-Lagrange University ($15.9m) and Eagle Advantage Schools Inc ($15.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $944k (6.5% of expenses). Other salaries and wages came to $7.5m. It paid $337k in professional fundraising fees. At year end it held assets of $25.7m against liabilities of $11.3m, net assets of $14.5m. It reported 208 employees.