Faith Christian School

Analysis

Faith Christian School is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in June 1989, 37 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, Faith Christian School reported income of $1.7m and spending of $1.8m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $893k to $1.7m (+94%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 46%. 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, Faith Christian School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include South Bay Teen Challenge ($1.7m), Boys & Girls Club of Palm Springs ($1.7m) and Montrose Community Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $167k (9.1% of expenses). Other salaries and wages came to $744k. At year end it held assets of $306k against liabilities of $312k, net assets of -$6,347. It reported 52 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.