Abilene Christian Schools Inc

Analysis

Abilene Christian Schools Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in January 1987, 39 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 July 2023, Abilene Christian Schools Inc reported income of $5.6m and spending of $4.6m, spending 82% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.3m to $5.6m (+30%), an average of +6.8% a year. The sharpest change came in the year to July 2022, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abilene Christian Schools Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Marshall High School ($5.6m), Imani School ($5.6m) and Bridge Educational Foundation ($5.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $137k (3.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $19.8m against liabilities of $11.9m, net assets of $7.8m. It reported 106 employees.