Providence Christian School of Texas

Analysis

Providence Christian School of Texas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1990, 36 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 May 2023, Providence Christian School of Texas reported income of $10.4m and spending of $9.3m, spending 90% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $7.8m to $10.4m (+33%), an average of +7.5% a year. The sharpest change came in the year to May 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Christian School of Texas sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include East Baltimore Community School ($10.4m), Life Source International Schools ($10.4m) and East Point Academy ($10.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $527k (5.7% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $27.4m against liabilities of $5.1m, net assets of $22.3m. It reported 121 employees.