Bracken Christian School of Bulverde

Analysis

Bracken Christian School of Bulverde is a registered charity in United States, based in Bulverde, TX. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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, Bracken Christian School of Bulverde reported income of $4.9m and spending of $5.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $4.9m (+132%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bracken Christian School of Bulverde 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 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Functional Industries Inc ($4.9m), Good Hope Country Day School Inc ($4.9m) and Student Assistance Foundation of Montana ($4.9m).

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. Other salaries and wages came to $3.0m. At year end it held assets of $2.1m against liabilities of $1.4m, net assets of $670k. It reported 130 employees.